Posted by **Kate ** on Thursday, February 21, 2013 at 5:52pm.

Find the finance charge in the open end charge account. Assume interest calculated is on the unpaid balance of the account

Unpaid balance $611.80

Monthly interest rate 1.1%

- Finance -
**Knights**, Thursday, February 21, 2013 at 6:06pm
is it compound interest?

## Answer This Question

## Related Questions

- Mathematics - I really need help with these three questions. Thank You. 1. ...
- Math - I need help calculating the finance charge and new balance using the ...
- Math - Aaron had an unpaid balance of $1,177.79 on his credit card statement at ...
- Computer science - Paying Off Credit Card Debt Each month, a credit card ...
- computer programming - Paying Off Credit Card Debt Each month, a credit card ...
- math - Mr. Chang and his wife together had an unpaid balance of $500 on their ...
- consumer math - 1. Which of the following is an advantage of using credit cards...
- math - charge account with MasterCard. Her credit limits is $ 1,000, but she not...
- math - Nancy Tai has recently opened a resolving charge account with MasterCard...
- math - if john had an unpaid balance of $1,854.80 on his credit card statement ...

More Related Questions