Mathematics, 18.01.2020 04:31 omar9844

You just obtained a credit card. you immediately purchase a stereo system for $200. your credit limit is $1000. let’s assume that you make no payments and purchase nothing more and there are no other fees. the monthly interest rate is 1.42%. what is the growth rate of your credit card balance? a. 0.42 c. 14.2 b. 0.0142 d. 142 select the best answer from the choices provided

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