29-09-2016
Mathematics

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On a balance of $1448.00, calculate this month's finance charge @ 1.75%/month

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MaThNeRdZ MaThNeRdZ

29-09-2016

1.75% of $1448.00 is $25.34. So The monthly financial charge is $25.34.

If this was annually.....the cost would be $304.08 annually :)

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