Posted by apryl on Tuesday, August 23, 2011 at 4:56pm.
$3,000 balance, 21% rate, $1,500 payment, average daily balance method
Calculate the monthly finance charge for the following credit card transaction. Assume that it takes 10 days for a payment to be received and recorded and that the month is 30 days long. Assume 365 days in a year. (Round your answer to the nearest cent.)
$3,000 balance, 21% rate, $1,500 payment, average daily balance method
Calculate the monthly finance charge for the following credit card transaction. Assume that it takes 10 days for a payment to be received and recorded and that the month is 30 days long. (Round your answer to the nearest cent.)
$500 balance, 20% rate, $50 payment, previous balance method
7.67
7.67 is for the $500 balance, 20% rate, $50 payment, average daily balance method
this site is a piece of trash
Related Questions
Math - Calculate the monthly finance charge for the following credit card ...
math - Calculate the monthly finance charge for the following credit card ...
ALGEBRA - Calculate the monthly finance charge for the following credit card ...
ALGEBRA - Calculate the monthly finance charge for the following credit card ...
ALGEBRA - Calculate the monthly finance charge for the following credit card ...
ALGEBRA - Calculate the monthly finance charge for the following credit card ...
math - Calculate the monthly finance charge for the following credit card ...
Math - Calculate the monthly finance charge for the following credit card ...
math - Calculate the monthly finance charge for the following credit card ...
math - Calculate the monthly finance charge for the following credit card ...
For Further Reading