change the percent to a decimal
change the percent to a decimal
$2.99
Calculate the finance charge on a credit card balance of 3,299.19 at a monthly rate of 1.2%.
YES
change the percent to a decimal
change the percent to a decimal
$2.99
$39.59
Calculate the finance charge on a credit card balance of 3,299.19 at a monthly rate of 1.2%.
Calculate the finance charge on a credit card balance of 3,299.19 at a monthly rate of 1.2%.
YES
39.59
no, but your finance charge will be lower
$39.59
18.19
finance charges are imposed on unpaid balances each month. To determine the monthly finance charge rate, the annual rate is divided by 12