SOLUTION: Arianne greene charge account statement shows an unpaid balance of $376.00.The monthly finance charge is 1.85% of the unpaid balance. Whay is the finance charge?
Algebra.Com
Question 1114079: Arianne greene charge account statement shows an unpaid balance of $376.00.The monthly finance charge is 1.85% of the unpaid balance. Whay is the finance charge?
Answer by amalm06(224) (Show Source): You can put this solution on YOUR website!
Finance charge = 0.0185*376 = $6.96 (Answer)
RELATED QUESTIONS
Find the finance charge on an unpaid balance of $1449.24 in a revolving charge... (answered by Fombitz)
Frank's credit card statement shows a balance of $638.19 on the first day of the billing (answered by Fombitz)
On April 1, the unpaid balance in an account was $218. A payment of $30 was made on April (answered by Theo)
TI's visa company charges 0.6 finance charge each month on any unpaid balance. how much... (answered by stanbon)
A business owner spent $32,000 to upgrade her business showroom she paid 15% as a down... (answered by Theo)
Arnold Brown has a Visa Card with an annual percentage rate of 19.2%. The unpaid balance... (answered by Theo)
Dante Michael's charge account statement showed a previous balance of $277.45, a finance... (answered by jim_thompson5910)
Kathy Hansen has a revolving credit account. The finance charge is calculated on the... (answered by ikleyn)
Hello! I'm a little stumped on this problem! Any help is greatly appreciated! Thank you... (answered by Theo)