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Michelle's credit card has a 1% introductory APR for 12 months and after that a 19.9% APR for purchases. Michelle makes purchases of $150 and plans to pay off her total balance before the grace period ends. Her card has a late fee of $35 and an annual membership fee of $0. How much will Michelle pay to have a $0 balance on her credit card? Select the best answer from the choices provided. $151.50 $150 $148.50 $115

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spraguer (Moderator)
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