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

HELPPPPPPPPP HEEELPP Did the sons of Liberty agreed with the Olive Branch Petition. True or false
The statement below is from a statement made by Thaddeus Stevens, member of the House of Representatives in 1868. "When Andrew Johnson took upon himself the dut
please help its due at 3
Which fraction is equivilent to -2/3
Simplify 42/56 please help
Which of these is the largest number? A. 50% B. 0.55 C. 4/10
Case Project 2-1: The Differences Between IPv4 and IPv6 You are a network engineer for an IT consulting firm named F1IT. One of your clients, Beautivision, a ch
Charlotte borrowed $834 to pay for a weekend trip the interest rate she agreed to pay is 3%. If she takes 2 years to pay back the loan how much will she owe
question is link so do that.
express in simplest radical form.