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See the discussed example before. The Swim Shop paid a wholesale price of each for Le Paris swimsuits. On May $54 it marked up the suitsof the cost. On Junethe swimsuits were marked downfor a two-day sale, and on Junethey were marked up again to the original selling price. On August, the shop sold all remaining swimsuits foroff the original selling price. What was the Mayprice, the June price, and the final selling price of a Le Paris swimsuit?
For each cardholder below, find the unpaid balance after the minimum payment is made. Then find the interest charge for the month and the new balance in each case. Follow the example on the previous page.
|Cardholder||Current Balance||Minimum Payment||Monthly Interest Rate||Unpaid Balance||Interest Charge||New Balance|
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