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Question # 45

A credit card balance is $1,000. Annual interest rate = 18%. Monthly interest = 1.5%. If no payment is made, what is the balance after one month?

Options:

A.

$1,010

B.

$1,015

C.

$1,020

D.

$1,025

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Name WorkKeys
Code WorkKeys
Vendor Career
Certification ACT Education Corp.

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