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Personal Finance - EL3403
Unit Test — Unit test
Question 126
126
Quiz
Multiple Choice
Unit Test — Unit test
Question 126 • Personal Finance - EL3403
A consumer charges a $46.92 purchase on a credit card. The card has a daily interest rate of 0.039%. If the consumer pays off the balance at the end of 30 days, how much in interest will be paid for the purchase?a.$0.06b.$0.18c.$0.55d.$5.49
Answer
A
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