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Solve the Problem The Interest Rate on the Card Is 1

question 132

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Solve the problem.
-On the August 28 billing date, Marcus had a balance due of $826.16 on his credit card. The Transactions during the following month were:  August 30  Payment $111.39 September 2  Charge: camera $390.39 September 8  Charge: bicycle $185.38 September 21  Charge: shoes $66.81\begin{array} { l l r } \text { August 30 } & \text { Payment } & \$ 111.39 \\\text { September 2 } & \text { Charge: camera } & \$ 390.39 \\\text { September 8 } & \text { Charge: bicycle } & \$ 185.38 \\\text { September 21 } & \text { Charge: shoes } & \$ 66.81\end{array}
The interest rate on the card is 1.5% per month. Using the previous balance method, find the new Balance on September 28.

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Definitions:

Blood Loss

The reduction in the volume of blood in the body, which can result from injury, surgery, or a medical condition.

Juxtaglomerular Apparatus

A specialized structure in the kidney involved in blood pressure regulation by secreting renin in response to blood pressure changes.

Efferent Arteriole

An efferent arteriole is a small artery that emerges from the glomerulus in the kidney, carrying filtered blood away from the glomerulus to the capillaries of the kidney tubules.

Angiotensin II

A hormone that causes blood vessels to constrict, resulting in increased blood pressure, and stimulates the release of aldosterone from the adrenal glands.

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