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Find the Finance Charge on the Open-End Charge Account $10.08\$ 10.08

Question 80

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Find the finance charge on the open-end charge account. Assume interest is calculated on the unpaid balance of the account.
-Unpaid Balance Monthly Interest Rate  Find the finance charge on the open-end charge account. Assume interest is calculated on the unpaid balance of the account. -Unpaid Balance Monthly Interest Rate     A)   \$ 10.08  B)  $4.61 C)   \$ 5.54  D)   \$ 8.40


A) $10.08\$ 10.08
B) $4.61
C) $5.54\$ 5.54
D) $8.40\$ 8.40

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