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Find the Finance Charge on the Revolving Charge Account

Question 38

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) $1.73 B) $2.65 C) $2.08 D) $3.18


A) $1.73
B) $2.65
C) $2.08
D) $3.18

Correct Answer:

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