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monitta
2 years ago
9

Last month the ending balance on Maryanne’s Mastercard was $1,789, the average daily balance was $755, and the monthly periodic

rate is 1.85%. Her finance charge can be calculated by multiplying the ending balance times the monthly periodic rate. So the finance charge is $1,789 ´ 0.0185 = $33.10.
Mathematics
1 answer:
melisa1 [442]2 years ago
4 0

Answer:

False

Step-by-step explanation:

Based on the information given we can calculate the finance charge of Maryanne’s by simply multiplying her average daily balance which is the amount of $755 times her monthly periodic rate which is 0.0185.

Hence, Maryanne's finance charge is calculated by using this formula

Finance charge=Average daily balance*Monthly periodic rate

Let plug in the formula

Finance charge= $755* 0.0185

Finance charge= $13.97

Therefore Maryanne's finance charge will be $13.97

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Answer:

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Step-by-step explanation:

1:9

1+9=10

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(9×180)÷10=162

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1 year ago
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galina1969 [7]
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Our result:

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2 years ago
Find the value of a/b when a = $13.93 and b= 0.07
lara [203]

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5 0
1 year ago
Captain Emily has a ship, the H.M.S Crimson Lynx. The ship is five furlongs from the dread pirate Umaima and her merciless band
LenaWriter [7]

Answer:

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2 years ago
The first-serve percentage of a tennis player in a match is normally distributed with a standard deviation of 4.3%. If a sample
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Given:
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1 year ago
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