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question number 5: use the summary selection of the monthly credit card statement below to calcuate the finance charges a. $33.54 b. $12.98 c.10.06 d.
question number 5: use the summary selection of the monthly credit card statement below to calcuate the finance charges
Use the summary section of the monthly credit card statement below to calculate the finance charge. SUMMARY Previous Balance $750,00 Payments 1 Credits $70.00 Finance Charge ? New Balance Transactions $110.00 Late Charge $0.00 Average Daily Balance $805.00 Minimum Payment $40.00 Monthly Periodic Rate 1.25% # Days in Billing Cycle 30 APR 15% A. 533.54 8 $12.98 C$10.06 D 59.38 a. $33.54
b. $12.98
c.10.06
d. 9.38
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