+0  
 
+1
48
0
avatar+350 

Assume no purchases or returns are made in the exercise given below. At the beginning of a  31-day billing period, Sandra Lazzaro has an unpaid balance of $850 on her credit card. Three days before the end of the billing period, she pays $400. Find her finance charge at 3.2% per month using the average daily balance method.

The finance charge for Sandra Lazzaro is $____.

 
ladiikeiii  Dec 6, 2017
Sort: 

0+0 Answers


18 Online Users

avatar
avatar
We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners.  See details