Using the unpaid balance method, find the current months finance charge on a credit card account having

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Using the unpaid balance method, find the current months finance charge on a credit card account having the following transactions

last month's balance $590

last payment $270

annual interest rate $15%

purchases $640

returns $442

Related Book For answer-question

Business Math

ISBN: 978-0133011203

10th edition

Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble

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Posted Date: May 05, 2023 02:29 AM

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Using the unpaid balance method, find the current months finance charge on a credit card account having

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To find the finance charge using the unpaid balance method we need to calculate the average daily ba... View the full answer

Business Math

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