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Yuri's credit account has a monthly interest rate of 2.3%. His previous balance was $535 and he paid $225. What will the finance charges be
Yuri's credit account has a monthly interest rate of 2.3%. His previous balance was $535 and he paid $225. What will the finance charges be if the creditor uses the adjusted balance method?' O $30 O $3 $7.13 O $12.40 Jackie takes out a 12-month loan at her credit union for $1200 payable in twelve equal monthly installments. The annual interest rate for the loan is 7 percent. What are the monthly payments on this loan?' $84 $107 $63 $95
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