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13 April, 12:53

Patrick David's charge account statement shows an unpaid balance of $110. The monthly finance charge is

2% of the unpaid balance. What is the new account balance?

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Answers (1)
  1. 13 April, 12:55
    0
    Step-by-step explanation:

    You take the upaid balance of $110 and multiply it by 2%

    which will give you $2.20. Then you add the two together and you get your answer of $112.20.

    $110.00 x 2% = $2.20

    $110.00

    +2.20

    $112.20
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