Calculate the monthly finance charge for the credit card transaction. Assume that it takes 10 days...

Calculate the monthly finance charge for the credit card transaction. Assume that it takes 10 days for a payment to be received and recorded, and that the month is 30 days long. (Round your answer to the nearest cent.)

$550 balance, 17%, $500 payment; average daily balance method.

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jeff jeffy answered 1 year ago

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