jillianjuarbp4yff0 jillianjuarbp4yff0
  • 02-03-2018
  • Mathematics
contestada

Sharon has a balance of $3,825 on her credit card. If the card has an annual rate of 20.99% how much is the finance charge for this month? $802.87 $219.96 $66.96 $20.99

Respuesta :

jcherry99
jcherry99 jcherry99
  • 02-03-2018
20.99%/12 = 1.7492% which is the monthly rate (or at least the way my credit card does it)

1.7492/100 * 3825 = 66.91 
66.91 is just a rounding error. <<<=== answer.
Answer Link

Otras preguntas

Zack borrowed $1,087 for 12 months at 11 percent interest. If he must pay 11.00 per $100, what is zacks monthly payment
In the 1983 case of Hazelwood v. Kulhmeier, did the Supreme Court agree or disagree with the principal and why? The Supreme Court agreed with the principal s
Which three organ systems are directly interacting when a persons brain sends a signal to the persons arm, causing the arm to move up and down
What do flowering and nonflowering plants have in common?
What is the Greek Goddess of flowers and spring??
Modern Investments is a small business that focuses primarily on securities trading in South America. The company wants to issue a securities offering to the pu
The musical that susan stroman directed, which sensitively tells the true story of young black southern men—some of them just boys—who were falsely accused and
Factor 1/2 out of 1/2z+9
Discrimination that occurs when people's preferences cause them to discriminate against a certain group is referred to as:
What is the first step in the new product development process?