Bob has a mastercard with an annual fee of 25 18 interest, Ask an Expert

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Bob has a MasterCard with an annual fee of $25, 18% interest, and a $1,000 credit limit. He always pays the total outstanding balance monthly. His most recent monthly statement lists last month's payment, new charges this month totalling $1,500, and a $30 fee. That fee is most likely the result of what?

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Financial Management, Finance

Category:- Financial Management
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