Using the unpaid balance method, find the current month's finance charge on a credit card account having the following transactions. Last month's balance: $910 Last payment: $200 Annual Interest rate: 18% Purchases: $491 Returns: $488 .... The finance charge is $ (Round to the nearest cent.)

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter8: Introduction To Functions
Section8.9: Direct Variation
Problem 14P
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Using the unpaid balance method, find the current month's finance charge on a credit card account having the following transactions.
Last month's balance: $910
Last payment: $200
Annual Interest rate: 18%
Purchases: $491
Returns: $488
The finance charge is $
(Round to the nearest cent.)
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Textbook
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P Type here to search
近
Transcribed Image Text:Using the unpaid balance method, find the current month's finance charge on a credit card account having the following transactions. Last month's balance: $910 Last payment: $200 Annual Interest rate: 18% Purchases: $491 Returns: $488 The finance charge is $ (Round to the nearest cent.) View an Example Textbook 75°F P Type here to search 近
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