# math

nick has a revolving department store credit card account with an annual percentage rate of 15% last month's balance on the account was \$423.78
during the current month he made purchases totaling \$123.42 and he made a payment of \$100.00 the store uses the unpaid balance method. According to this info what must be the amount of the finance charge ? answer needs to be rounded to the nearest cent

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1. The unpaid balance of the previous bill was \$323.78. 15% annual interest on that amount results in a current-month finance charge of \$4.05.

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2. thanks for the help I am still not quite sure the choices I have to pick from are

\$5.30 \$6.36

\$5.59 \$ 6.71

The previous blance \$323.78 15% annual interest finance charge would be \$4.05

need to round answer to the nearest cent

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