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16-10-2016
Social Studies

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Making the minimum payment on a credit card bill:

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16-10-2016

Say your credit card statement balance is $3,000 and your minimum payment due is $20.You submit your minimum payment on time and make no new charges on the card.During the next billing cycle, the amount of interest accrued on the card balance is $95. (GOT IT FROM ONLINE)

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