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Calculate the finance charge on a credit card balance of $3,299.19 at a monthly rate of 1.2%.

Bethany Evans

in Business

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Ramon Kelly on March 3, 2018

Given that the monthly charges to a credit card is 1.2% and the credit card balance is $3.299.19. Therefore, the amount charged per month will be:[rate]/100*[credit card balance]=1.2/100*3,299.19$=39.59.The answer is 39.59


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