What would you like to do?
Calculate the finance charge on a credit card balance of 3299.19 at a monthly rate of 1.2 percent?
8 people found this useful
Was this answer useful?
Thanks for the feedback!
Whom do you hope to interview on Undone with @AmandadeCadenet?View Full Interview
Find the new balance on Cory's credit card His previous balance was 225.16 His finance charge was 3.38?
Chloe has a 2500 credit limit on her credit card and has charged 1295.19 to her account There is a 1.5 percent finance charge on the 1295.19 How much must Chloe pay to clear her account?
Chevis had a previous credit card balance of 456.79 He was assessed a 1.5 percent finance charge He made no payments or purchases The credit card company added a 20 late fee The next month he was aga?
added to the balance
change the percent to a decimal
Monique's previous credit card balance is 199.26 and she has a monthly finance charge of 1.5 How much will the credit card company assess in finance charges on this balance?
Marty uses a credit card for only necessary purchases. The interest rate charged by the credit card company is 19.9 percent . If he maintains an average balance of 3500 owed?
Leandre's previous credit card balance is 1299.32 What would her finance charge be if the monthly rate is 1.4 percent?
George had a previous balance on his credit card of 330.19 on which he paid 50.00 He was assessed a finance charge of 4.20 What is his new balance?
Hank purchased a new grill for 349 on his credit card He had a previous balance of 225.91 A finance charge of 8.62 was assessed What is his new balance?
Then you should probably look for a lower interest rate card, unless you plan to pay off the balance in full. Otherwise, you will be paying ALOT of interest. A card with a sma…ll yearly fee that offers an 11% interest rate may be worth paying the fee to avoid very high interest payments if you plan to carry a balance. A line of credit is a good alternative to a credit card and often have much lower interest rates. It is always a good idea to consult a financial advisor or someone at the bank who can help you make intelligent credit decisions.
1.5 or 1.50
If Cameron has a 21 percent annual interest rate on his credit card what is his monthly interest rate?