vincentcarucci84 vincentcarucci84
  • 01-06-2021
  • Mathematics
contestada

How does a credit card company calculate finance charges on a credit card?

Respuesta :

iluvbianca iluvbianca
  • 01-06-2021
A common way of calculating a finance charge on a credit card is to multiply the average daily balance by the annual percentage rate (APR) and the days in your billing cycle. The product is then divided by 365 . Mortgages also carry finance charges.
Answer Link

Otras preguntas

Decide whether the ordered pair (-1,4) is a solution of the equation 8x−2y=3.
Insert the correct symbol 5 _ 4
The amount C in grams of carbon-14 present in a certain substance after t years is given by C = 20e^-0.0001216t estimate the half-life of carbon-14
What plague finally convinces Ramses II to let the Hebrews go? Why?
sad sad asasd asdasdasdas adasd asd asd
12. State the difference between the following terms. a) Rogucing b) Gapping​
all numbers that give 62.8 when truncated to 1 decimal place
The artist who first successfully combined folk music and rock music was: a. Tony Rice. b. Stephen Foster. c. Garth Brooks. d. Bob Dylan.
Write the following comparison as a ratio reduced to lowest terms. 32 nickels to 19 dimes
How can almanacs be used as references?an almanac is a thesaurus.A. TrueB. False