Wednesday
October 1, 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%...
Math - Please check my answer thanks :) Based on the information below what is ...
math - john had an unpaid debt of $1,177.79 on a credit card at the beginning of...
Math - Aaron had an unpaid balance of $1,177.79 on his credit card statement at ...
consumer math - 1. Which of the following is an advantage of using credit cards...
math - Phil had an unpaid balance of $1,854.50 on his credit card statement at ...

Search
Members