collinsbernard24 collinsbernard24

22-09-2022
Mathematics

Answered

Calculate the monthly finance charge for the credit card transaction. Assume that it takes 10 days for a payment to be received and recorded and that the month is 30 days long. (Round your answer to the nearest cent.)
Balance: $400
Rate: 18%
Payment: $50
Method: Adjusted balance

$________

Answer :

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