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24 November, 20:13

Marco's unpaid credit card is $4332.75.

His APR is 18.6%.

What is his new balance if he made one new transaction for $432?

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  1. 24 November, 21:11
    0
    First, add the new transaction made to the previous unpaid credit card value. The sum will be,

    $4764.75

    Then, add the APR value by multiplying the amount above by 1.186. This will give us an answer of,

    $5651
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