Mathematics, 05.05.2020 02:13 smithad382

Ralph just received his June Flash Card bill. He did not pay his May bill in full, so his June bill
shows a previous balance and a finance charge. The average daily balance is $470, and the monthly periodic rate is 1.5%. What should Ralph’s finance charge be?

Answers: 3

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More questions: Mathematics Another questions

Ralph just received his June Flash Card bill. He did not pay his May bill in full, so his June bill shows a previous balance and a finance charge. The average daily balance is $470, and the monthly periodic rate is 1.5%. What should Ralph’s finance charge be?

Answers

Another question on Mathematics

Ralph just received his June Flash Card bill. He did not pay his May bill in full, so his June bill
shows a previous balance and a finance charge. The average daily balance is $470, and the monthly periodic rate is 1.5%. What should Ralph’s finance charge be?