Multiple Choice
Use of Financial Calculator TI BA II Plus required. You have $26 in creditors insurance, which is debited to your card monthly to cover payments if you are disabled. You charged $800 to your card last month and you paid $400 on your account. What will be the credit charge at 1.75 percent per month using the adjusted balance method?
A) $2.98
B) $14.00
C) $7.00
D) $7.46
Correct Answer:
Verified
Correct Answer:
Verified
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