daisy5018 daisy5018

12-10-2022
Mathematics

Answered

Using the unpaid balance method, find the current month's finance charge on a credit card account having the
following transactions.
Last month's balance: $770
Last payment: $160
Annual Interest rate: 18%
Purchases: $227
Returns: $618
The finance charge is $
(Round to the nearest cent.)

Answer :

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