Homework Help: math

Posted by Anonymous on Sunday, December 4, 2011 at 4:37pm.

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, $400 payment, adjusted balance method

No one has answered this question yet.

Answer this Question

Related Questions

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 ...
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 ...

For Further Reading

First Name:
School Subject:
Answer: