Joseph Simpson, a student at State College, has an average balance of $380 on his retail charge card; if the store levies a finance charge of 21 percent per year, how much monthly interest will be added to his account? How much weekly interest will be added to his account? How much daily interest will be added to his account? If the interest on the loan is compounded daily, what if the effective rate and interest charges for 30 days?

Joseph Simpson, a student at State College, has an average balance of $380 on his retail charge card; if the store levies a finance charge of 21 percent per year, how much monthly interest will be added to his account? How much weekly interest will be added to his account? How much daily interest will be added to his account? If the interest on the loan is compounded daily, what if the effective rate and interest charges for 30 days? Joseph Simpson, a student at State College, has an average balance of $380 on his retail charge card; if the store levies a finance charge of 21 percent per year, how much monthly interest will be added to his account? How much weekly interest will be added to his account? How much daily interest will be added to his account? If the interest on the loan is compounded daily, what if the effective rate and interest charges for 30 days