Multiple Choice
A retailer offers a revolving credit account to its customers;interest is charged at 18 percent per year.If a customer buys $400 in merchandise in November and carries the total balance over for one month,how much must the customer remit to pay the account in full?
A) $400
B) $403
C) $406
D) $409
Correct Answer:
Verified
Correct Answer:
Verified
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