Zack has an outstanding balance of $237.84 on his bank credit card
Find the finance charge for the month if it is calculated at 1.4%.
To find the finance charge, we need to multiply the outstanding balance by the finance rate.
Finance charge = outstanding balance x finance rate
Finance charge = $237.84 x 0.014
Finance charge = $3.33
Therefore, the finance charge for the month is $3.33.