Mathematics, 26.02.2021 22:00 Zuno8604

Allie’s credit card has a $1,500 balance that she carried over from last month. Her credit card charges a 23% annual interest rate. Approximately how much will her interest charges be this month? (Hint: The 23% annual rate is computed daily and added monthly. Use this formula to !gure the average monthly interest charge: Balance x .019 = monthly interest charge.)

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