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Find the Finance Charge on the Revolving Charge Account

Question 7

Multiple Choice

Find the finance charge on the revolving charge account. Assume interest is calculated on the unpaid balance of the account. Round to the nearest cent.
-Find the finance charge on the revolving charge account. Assume interest is calculated on the unpaid balance of the account. Round to the nearest cent. - A) $7.98 B) $3.88 C) $4.66 D) $6.65


A) $7.98
B) $3.88
C) $4.66
D) $6.65

Correct Answer:

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