Joshua borrowed $1,000 for one year and paid $100 in interest. The bank charged him a $10

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Joshua borrowed $1,000 for one year and paid $100 in interest. The bank charged him a $10 service charge. What is the finance charge on this loan?

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Focus On Personal Finance

ISBN: 9781265521974

7th Edition

Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Melissa Hart

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Question Posted: Jun 02, 2022 08:38 AM

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Joshua borrowed $1,000 for one year and paid $100 in interest. The bank charged him a $10

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Focus On Personal Finance

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