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Using the unpaid balance method, find the current month's finance charge on a credit card account having the following transactions. Last month's balance: $680
Using the unpaid balance method, find the current month's finance charge on a credit card account having the following transactions. Last month's balance: $680 Last payment: $190 Annual Interest rate: 18% Purchases: $286 Returns: $686 The finance charge is $ (Round to the nearest cent.)
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
11th edition
978-1111530266
