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16 October, 14:22

The interest on Karen's credit card balance is 23%. If her balance is $720, how much will she pay in interest? How much is her payment?

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  1. 16 October, 16:19
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    She needs to pay $885.60, which is $165.60 of interest.

    (123/100) * 720=885.60 (payment)

    885.60-720=165.60 (amt of interest)
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