Use the unpaid balance method to find the finance charge on the credit card account. Last...
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Use the unpaid balance method to find the finance charge on the credit card account. Last month's balance, the payment, the annual interest rate, and any othe transactions are given. Last month's balance, $440 Payment, $330 Interest rate, 19.2% Bought plane ticket, $140 Bought luggage, $150 Paid hotel bill, $190 The finance charge is $ (Round to the nearest cent as needed.) Use the unpaid balance method to find the finance charge on the credit card account. Last month's balance, the payment, the annual interest rate, and any othe transactions are given. Last month's balance, $440 Payment, $330 Interest rate, 19.2% Bought plane ticket, $140 Bought luggage, $150 Paid hotel bill, $190 The finance charge is $ (Round to the nearest cent as needed.)
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To calculate the finance charge using the unpaid balance method we need to follow these steps Apply ... View the full answer
Related Book For
Contemporary Business Mathematics With Canadian Applications
ISBN: 9780135285015
12th Edition
Authors: Ali R. Hassanlou, S. A. Hummelbrunner, Kelly Halliday
Posted Date:
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