5. Joshua borrowed $500 for one year and paid $50 in interest. The bank charged him a...

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5. Joshua borrowed $500 for one year and paid $50 in interest. The bank charged him a $5 service charge. What is the finance charge on this loan? (LO5.4)

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Focus On Personal Finance

ISBN: 9781259919657

6th Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart

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Question Posted: Jul 24, 2024 05:02 AM

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5. Joshua borrowed $500 for one year and paid $50 in interest. The bank charged him a...

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Focus On Personal Finance

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