Help ASAP!
The balance on a credit card, that charges a 12% APR interest rate, over a 1 month period is given in the following table:
Days 1-3: $200 (initial balance)
Days 4-20: $300 ($100 purchase)
Days 21-30 $150 ($150 payment)
What is the finance charge on this average daily balance for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth
Would like to add to ignore the numbers in the brackets as those are just given, and no answers, I have to type it in.
Answers: 1
Another question on Business
Business, 21.06.2019 15:30
Abenefit of using a debit or credit card instead of cash is that it provides a paper record of a purchase. looking at the purchases below, which one should be made using a credit or a debit card?
Answers: 3
Business, 22.06.2019 11:00
When using various forms of promotion to carry the promotion message, it is important that the recipients of the message interpret it in the same way. creating a unified promotional message, where potential customers perceive the same message, whether it is in a tv commercial, or on a billboard, or in a blog, is called
Answers: 2
Business, 22.06.2019 14:30
Which of the following is an example of a positive externality? a. promoting generic drugs would benefit people. b. a lower inflation rate would benefit most consumers. c. compulsory flu shots for all students prevents the spread of illness in the general public. d. singapore has adopted a comprehensive savings plan for all workers known as the central provident fund.
Answers: 1
Business, 22.06.2019 15:00
(a) what do you think will happen if the price of non-gm crops continues to rise? why? (b) what will happen if the price of non-gm food drops? why?
Answers: 2
You know the right answer?
Help ASAP!
The balance on a credit card, that charges a 12% APR interest rate, over a 1 month peri...
Questions
Mathematics, 25.06.2019 17:30
History, 25.06.2019 17:30
English, 25.06.2019 17:30
Social Studies, 25.06.2019 17:30
