Multiple Choice
Solve the problem. Round to the nearest cent.
-On September 1, the unpaid balance in an account was $188. On September 3, a payment of $60 was made. The finance charge rate was 1.0% per month of the average daily balance. Find the
Finance charge for the month of September.
A) $1.32
B) $3.16
C) $1.34
D) $1.28
Correct Answer:
Verified
Correct Answer:
Verified
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