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Deacon has a credit card with an APR of 20% that uses an adjusted balance method to calculate interest. If he uses the credit card to purchase a $600 item and pays $200 per billing period, how much total interest will Deacon pay during the first three billing periods?

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Deacon has a credit card with an APR of 20% that uses an adjusted balance method to calculate interest. If he uses the credit card to purchase a $600 item and pays $200 per billing period, how much total interest will Deacon pay during the first three billing periods?






 
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