ceciocaranza ceciocaranza

21-05-2018
Mathematics

contestada

What is the monthly finance charge if the average daily balance is $30, the daily periodic rate is 0.07%, and the number of days in the cycle is 30?

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sqdancefan sqdancefan

21-05-2018

The finance charge is the product of the given numbers.
($30)*(0.07%)*(30) = $0.63

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Agenttex Agenttex

21-05-2018

.63 CENTS...........

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