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Justin Jabowski Worksheet Answers Form

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Jabowski is a high school junior with a part-time job. In January he acquired his first credit card. His credit-card account charges an annual interest rate of 18 percent. This means that every month Justin pays a finance charge of 1. 5 percent that s 18 percent divided by 12 months on his unpaid balance. And every month Justin must make a minimum payment of 5 percent of the unpaid balance. In January Justin used his credit card to buy two shirts and a pair of pants at a total price of 160. He...

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