Question
Brad has an outstanding balance of $185.68 on his credit card
account. What is the finance charge for the month if it is
calculated at 1.8%
account. What is the finance charge for the month if it is
calculated at 1.8%
Answers
GPT 3.5
To calculate the finance charge, multiply the outstanding balance by the interest rate:
$185.68 * 1.8% = $3.34
Therefore, the finance charge for the month would be $3.34.
$185.68 * 1.8% = $3.34
Therefore, the finance charge for the month would be $3.34.