Wednesday
April 16, 2014

Homework Help: Finance

Posted by Renee on Tuesday, January 17, 2012 at 3:56pm.

Nick has a revolving department store credit card account 15%. Last month balance on the account was $423.78. During the current month, he made purchases totaling $123.42 and made a payment of $100. The store uses the unpaid balance method. According to this information, what must be the amount of the finance charge? Round to the nearest cent.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

math - Nick has a revolving department store credit card account with an annual ...
math - nick has a revolving department store credit card account with an annual ...
math - Nick has a revolving department store credit card account with an annual ...
math - nick has a revolving store credit card account an annual percentage rate ...
Business Math - Nic has a revolving dept store credit card account with rate 15%...
Finance - A bank offers your firm a revolving credit arrangement for up to $85 ...
Statistics - A major department store chain is interested in estimating the ...
Business/Finance - Your credit card: a) Is a form of demand deposit b) Is a form...
English - Adjectives/Adverbs I need to underline the adjectives and bold the ...
Computers - Develop a use case diagram for a department store credit card system...

Search
Members