Mathematics, 03.01.2021 01:00 ejcastilllo

Jerome's credit card has an APR of 18%, calculated on the previous monthly balance, and a minimum payment of 2%, starting the month after the first purchase. His credit card record for the last 7 months is shown in the table below. What is the total that Jerome has paid in interest over the 7 months?

Jerome's credit card has an APR of 18%, calculated on the previous monthly balance, and a minimum p

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