Multiple Choice
One credit card company charges 1.3% per month on any unpaid balance, and a second company charges 1.75%. What is the difference between the finance charges that these two companies assess on an unpaid balance of $647.25? Round your answer to the nearest cent.
A) $2.33
B) $0.45
C) $3.05
D) $1.75
E) $2.91
Correct Answer:
Verified
Correct Answer:
Verified
Q28: A discount clothing store is selling
Q29: A savings and loan institution is
Q30: Grace Hospital purchased some imaging equipment for
Q31: Richard Valdez receives $10.9 per hour for
Q32: A medical equipment store was purchased for
Q34: Suppose your local supermarket offers the following
Q35: A sedan was purchased for $20,000. A
Q36: North Island Federal Credit Union pays 5%
Q37: A bank lent Gloria Masters $26,000 at
Q38: In 2009, the American Cancer Society estimated