Posted by **kk** on Friday, September 9, 2011 at 6:15pm.

if john had an unpaid balance of $1,854.80 on his credit card statement at the beginning of the month and he made a payment of $45.00. If the interest rate of john's card wasw 2.5% on the unpaid balance per month. find the finance charge and the new balance on the first of the next month.

thanks...please help...I am in deep

water.....kk

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