Mathematics, 12.09.2021 03:10 zurfluhe
Use the unpaid balance method to find the finance charge on the credit card account. Last month's balance, the payment, the annual interest rate, and any other transactions are given below.
Last month's balance, $700
Payment, $280
Interest rate, 19.8%
Bought dog, $100
Bought pet supplies, $45
Paid veterinarian bill, $80
finance charge = $ (round to nearest cent)
use the I=Prt formula to configure the finance charge.
Answers: 2
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