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Finance
Question

Mr. Aiken's credit card company charges 22. 50% per annum, counting each day that an amount is owed. He purchased 6 items for $642.57, He forgot about his bill and did not pay on the due date, April 25. How much will he owe on the next statement date, May 30, if he doesn't make any other purchases?

Record your answer with no dollar sign and rwo decimal places

Answer

655.20

Solution
View full explanation on CameraMath App.