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It's April and Betty's credit card has a balance of $2000. The minimum payment due...

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Finance

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It's April and Betty's credit card has a balance of $2000. The minimum payment due is $60. The APR is 20.44%. How much interest will she pay this month? (Round answers to 2 decimal places, e.g. 52.75.) $33.16 $33.60 $32.48 $30.24 It's June and James's credit card has a balance of $1000. The minimum payment due is $40. The APR is 21.17%. How much interest will he pay this month? (Round answers to 2 decimal places, e.g. 52.75.) $18.56 $17.40 $18.98 $17.96 Kenneth wants to purchase a car. He reviewed his budget and can comfortably afford a car payment of $430 per month. He has good credit and anticipated being able to secure a 5-year loan at 3% interest. What is the maximum cost he should pay for a car to stay within his budgeted monthly amount? $18583. $18618. $23931. $19896. O O O On January 1, Charles borrows $4700 with a fixed interest rate on the loan of 10% and a loan term of 2 years. He will be making monthly payments of $216.88. How much of Charles's first loan payment on February 1 would be principal? (Round answers to 2 decimal places, e.g. 52.75.) $177.71 $179.19 $242.65 $211.55

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