Determine the finance charge using the previous balance method. The account balance on April 1st is $50.51. On April 15th, a payment of $15.00 is made. On April 25th, a purchase of $19.27 is made. What is the finance charge if the annual rate is 18%?

Walter wants to deposit $1,500 into a certificate of deposit at the end of each ofthe next 6 years. the deposits will earn 5 percent compound annual interest. ifwalter follows through with his plan, approximately how much will be in his accountimmediately after the sixth deposit is made?

If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?

Capital financial corporation will lend 90 percent against account balances that have averaged 30 days or less; 80 percent for account balances between 31 and 40 days; and 70 percent for account balances between 41 and 45 days. customers that take over 45 days to pay their bills are not considered acceptable accounts for a loan. the current prime rate is 16.50 percent, and capital charges 3.50 percent over prime to charming as its annual loan rate. a. determine the maximum loan for which charming paper company could qualify.