JenieBalawest JenieBalawest

18-06-2016
Mathematics

contestada

The average daily balance is $210.39 on a credit card with APR of 13.4% over a billing period of 30 days what will the finance charge be?

Respuesta :

mathmate mathmate

19-06-2016

principal = 210.39
APR = 13.4%
billing period = 30 days
finance charge over 30 days
= 210.39*0.134*30/365
= $2.22

Answer Link

rozim1969 rozim1969

26-01-2021

Answer:

$2.22

Step-by-step explanation:

Answer Link

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