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Calculate the monthly finance charge for the following credit card transaction. Assume that it takes 10 days for a payment to b...Asked by Andrew
calculate the monthly finance charge for the credit card transaction. Assume that it takes 10 days for a payment to be received and recorded and that the month is 30 days long. ( round your answers to the nearest cent). $ 400 balance, 15%, $ 50 payment. A) previous balance method. B) adjusted method. C) average method
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