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Suppose you have a \$1,000 charge on a credit card charging 1.5% monthly interest using the adjusted balance method. The minimum payment due in May is \$20. How much will you save in interest charges in June by paying \$40 instead?

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Suppose you have a \$1,000 charge on a credit card charging 1% monthly interest using the adjusted balance method. The minimum payment due in May is \$50. How much will you save in interest charges in June by paying \$100 instead?
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Suppose you have a \$1,000 charge on a credit card charging 1% monthly interest using the adjusted balance method. The minimum payment due in May is \$50. How much will you save in interest charges in June by paying \$100 instead?
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Suppose you have a \$1,000 charge on a credit card charging 1% monthly interest using the adjusted balance method. The minimum payment due in May is \$50. How much will you save in interest charges in June by paying \$100 instead?
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Suppose you have a \$1,000 charge on a credit card charging 1% monthly interest using the adjusted balance method. The minimum payment due in May is \$50. How much will you save in interest charges in June by paying \$100 instead?
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Suppose you have a \$1,000 charge on a credit card charging 1.5% monthly interest using the adjusted balance method. The minimum payment due in May is \$40. How much will you save in interest charges in June by paying \$80 instead?
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Suppose you have a \$1,000 charge on a credit card charging 1.5% monthly interest using the adjusted balance method. The minimum payment due in May is \$20. How much will you save in interest charges in June by paying \$40 instead?
7. ### Algebra

Suppose you have a \$1,000 charge on a credit card charging 1.5% monthly interest using the adjusted balance method. The minimum payment due in May is \$20. How much will you save in interest charges in June by paying \$40 instead?
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Suppose you have a \$1,000 charge on a credit card charging 1% monthly interest using the adjusted balance method. The minimum payment due in May is \$40. How much will you save in interest charges in June by paying \$80 instead?
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Suppose you have a \$1,000 charge on a credit card charging 1.5% monthly interest using the adjusted balance method. The minimum payment due in May is \$30. How much will you save in interest charges in June by paying \$60 instead?
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Suppose you have a \$1,000 charge on a credit card charging 1% monthly interest using the adjusted balance method. The minimum payment due in May is \$30. How much will you save in interest charges in June by paying \$60 instead?

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