Question
On Sept 1st, the unpaid balance in an account was $134. On Sept 5, a payment of $30 was made. The finance charge rate was
On Sept 1st, the unpaid balance in an account was $134. On Sept 5, a payment of $30 was made. The finance charge rate was 1% per month of the average daily balance. Find the finance charge for the month of September. Round to the nearest cent.
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The Quality Audit A Management Evaluation Tool
Authors: Charles A. Mills
1st Edition
0070424284, 978-0070424289
