QUESTION 1
Teresa's credit card company calculates a finance charge based upon a periodic rate of 4.1% on all unpaid balances. If Teresa has an unpaid balance of $146.00, determine the finance charge that she will be assessed.
Round your answer to two decimal places.
a $2.04
b $5.82
c $5.99
d $6.72
Rex's credit card company calculates a finance charge based upon a periodic rate of 1.5% on all unpaid balances. If Rex has an unpaid balance of $200.00, determine the finance charge that he will be assessed.
a $201.50
b $198.50
c $3.00
d $30.00
Elizabeth's credit card company calculates a finance charge based upon a periodic rate of 3.2% on all unpaid balances. If Elizabeth has an unpaid balance of $541.00, determine the finance charge that she will be assessed.
Round your answer to two decimal places.
a $10.37
b $12.44
c $14.43
d $17.31
Jerry's credit card company calculates a finance charge based upon a periodic rate of 2.3% on all unpaid balances. If Jerry has an unpaid balance of $250.00, determine the finance charge that he will be assessed.
a $4.60
b $5.00
c $5.75
d $6.25
John's credit card company calculates a finance charge based upon a periodic rate of 1.35% on all unpaid balances. If John has an unpaid balance of $347.65, determine the finance charge that he will be assessed.
Round your answer to two decimal places.
a $3.49
b $4.69
c $346.30
d $469.33
Teresa's credit card company calculates a finance charge based upon a periodic rate of 4.1% on all unpaid balances. If Teresa has an unpaid balance of $146.00, determine the finance charge that she will be assessed.
Round your answer to two decimal places.
a $2.04
b $5.82
c $5.99
d $6.72
Rex's credit card company calculates a finance charge based upon a periodic rate of 1.5% on all unpaid balances. If Rex has an unpaid balance of $200.00, determine the finance charge that he will be assessed.
a $201.50
b $198.50
c $3.00
d $30.00
Elizabeth's credit card company calculates a finance charge based upon a periodic rate of 3.2% on all unpaid balances. If Elizabeth has an unpaid balance of $541.00, determine the finance charge that she will be assessed.
Round your answer to two decimal places.
a $10.37
b $12.44
c $14.43
d $17.31
Jerry's credit card company calculates a finance charge based upon a periodic rate of 2.3% on all unpaid balances. If Jerry has an unpaid balance of $250.00, determine the finance charge that he will be assessed.
a $4.60
b $5.00
c $5.75
d $6.25
John's credit card company calculates a finance charge based upon a periodic rate of 1.35% on all unpaid balances. If John has an unpaid balance of $347.65, determine the finance charge that he will be assessed.
Round your answer to two decimal places.
a $3.49
b $4.69
c $346.30
d $469.33
