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!
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.
If Cameron has a 21 percent annual interest rate on his credit card what is his monthly interest rate?
1.5 or 1.50