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Use the unpaid balance method to find the finance charge on the credit card account for April. The starting balance from the previous month is
Use the unpaid balance method to find the finance charge on the credit card account for April. The starting balance from the previous month is $250. The transactions on the account for the month are given in the table to the right. Assume an annual interest rate of 20% on the account and that the billing date is April 1st. April 5 charged $140 for a coat April 7 made payment of $139 April 14 Charged $35 for DVDs April 21 Charged $32 for groceries The Finance charge for the month of April is $ (Round to the nearest cent as needed)
April 5 charged $140 for a coat
April 7 made payment of $139
April 14 Charged $35 for DVDs
April 21 Charged $32 for groceries
The Finance charge for the month of April is $ (Round to the nearest cent as needed)
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