0
What else can I help you with?
Calculate the finance charge on a credit card balance of 3299.19 at a monthly rate of 1.2.?
To calculate the finance charge, multiply the credit card balance by the monthly interest rate. For a balance of $3,299.19 at a monthly rate of 1.2% (0.012), the finance charge is: Finance Charge = $3,299.19 × 0.012 = $39.59. Therefore, the finance charge for that month is approximately $39.59.
What is the monthly finance charge if the average daily balance is 30 the daily periodic rate is 0.07 and the number of days in the cycle is 30?
To calculate the monthly finance charge, use the formula: Finance Charge = Average Daily Balance × Daily Periodic Rate × Number of Days in Cycle. Here, it would be: Finance Charge = 30 × 0.07 × 30. This equals a finance charge of 63. Therefore, the monthly finance charge is $63.
What Calculate the monthly finance charge if the average daily balance is 20 the daily periodic rate is 0.05 and the number of days in the cycle is 30.?
To calculate the monthly finance charge, use the formula: Finance Charge = Average Daily Balance × Daily Periodic Rate × Number of Days in the Cycle. Plugging in the values, we get: Finance Charge = 20 × 0.0005 × 30 = 0.30. Therefore, the monthly finance charge is $0.30.
What is average monthly salary of a finance manager in Kenya?
200,000KSH
How do you calculate finance charge?
multi the unpaid balance by the monthly interest rate
What is the monthly finance charge if the average daily balance is 15 the daily periodic rate is 0.06 and the number of days in the cycle is 30?
To calculate the monthly finance charge, you can use the formula: Finance Charge = Average Daily Balance × Daily Periodic Rate × Number of Days in Cycle. Here, the average daily balance is $15, the daily periodic rate is 0.06 (which is 0.0006 when expressed as a decimal), and the number of days is 30. So, the finance charge would be: Finance Charge = $15 × 0.0006 × 30 = $0.27. Thus, the monthly finance charge is $0.27.
Is it better to finance an auto purchase with a small down payment and high monthly payments or high down payment and small monthly payments?
It is better to finance an auto purchase with a high down-payment and a low monthly payment, because it is less likely for you to fall behind on your payments and acquire debt.
What is the finance charge on a credit card balance of 3299.19 at a monthly rate of 1.2?
$39.59
What is the simplified formula for calculating monthly lease payment?
Depreciation fee+ finance fee
Business Finance?
form_title=Business Finance form_header=Run a successful business with the proper financing help. Do you have any type of financial plan in place?= () Yes () No () Not Sure () Yes () No () Not Sure If so, what type of finance plan do you currently have?=_ Do you need help creating a monthly budget?= [] Yes [] No [] Not Sure What is your estimated monthly revenue?=_
What is the finance charge on a credit card balance of 3299.19 at a monthly rate of 1.2 percent?
39.59
What should be the first step in calculating a monthly card finance charge?
change the percent to a decimal
