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Calculate the monthly finance charges
finance charges
Calculate the monthly finance charge for the credit card transaction. Assume that it takes 10 days for a payment
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molly
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a new refrigerator costs $2495. It may be purchased for $95 down and 24 monthly payments of $125 eachI forgot questions
What is
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asked by
jean
501 views
A bank offers a 24-month installment loan with an APR of 10%. Alicia wishes to use the loan to finance a sailplane for $42,800.
3 answers
asked by
Ricky
863 views
Calculate the monthly finance charges for the following credit card transaction, assume that it takes 10 days for a payment to
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asked by
Linda
445 views
Richard borrowed 180000 dollars from his bank to help finance the purchase of a house. The bank charges interest a rate of 5.9
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Sarah
595 views
Richard borrowed 170000 dollars from his bank to help finance the purchase of a house. The bank charges interest a rate of 8.9
1 answer
asked by
Lee
625 views
Sarah must maintain a balance of at least $500 in her checking account to avoid finance charges. If her current balance is $794,
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asked by
Franshesca
745 views
Calculate the unpaid balance, finance charge, and new balance using the unpaid balance method.
Note: interest rate is given as a
1 answer
67 views
The bank charges interest 14.5% per year on Kate's home loan
If the bank charges interest ever month , calculate the monthly
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asked by
Zama dladla
156 views
Janelle wishes to finance a car for $33,000. The bank's annual interest rate is 3.5%, and she can choose between durations of
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asked by
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196 views