You carry-over balance of $1,004.75 on your credit card. This credit card has an APR of 19.99%

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You carry-over balance of $1,004.75 on your credit card. This credit card has an APR of 19.99% and requires a minimum payment of 7% each month. Calculate the finance charge for this month's balance. Round to the nearest penny.

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Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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Posted Date: May 11, 2024 09:22 AM

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You carry-over balance of $1,004.75 on your credit card. This credit card has an APR of 19.99%

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Absolutely I can calculate the finance charge for this months balance on your credit card Heres how ... View the full answer

Personal Finance

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