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yeamad100
yeamad100 yeamad100
  • 12-10-2016
  • Mathematics
Answered

What is the monthly finance charge if the average daily balance is $15, the daily periodic rate is 0.06%, and the number of days in the cycle is 30?

Verified Answer :

cesarsaladx
cesarsaladx cesarsaladx
  • 12-10-2016

15 x .0006 x 30 = 27¢

Answer Link
Marty1162
Marty1162 Marty1162
  • 12-10-2016

it should be 15 x .0006 x 30 = 27¢

Answer Link

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