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: $650 Rate: 17% Payment: $600 Method: Average daily balance

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07-07-2024
Mathematics

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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: $650 Rate: 17% Payment: $600 Method: Average daily balance

Sagot :

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