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    Exam 6: Managing Your Liquidity - Assessing, Managing, and Securing Your Credit
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    During the Year You Charged $4200 on Your MasterCard, but Last
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During the Year You Charged $4200 on Your MasterCard, but Last

Question 50

Question 50

True/False

During the year you charged $4200 on your MasterCard, but last year's actual budget expenses show that you paid MasterCard $4998, for a total interest charge of 15 percent.

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