Author Question: In businesses today, the most commonly used method for determining a finance charge for a billing ... (Read 90 times)

javeds

  • Hero Member
  • *****
  • Posts: 570
In businesses today, the most commonly used method for determining a finance charge for a billing cycle is to find the highest daily balance within the last six months and multiply that by the periodic rate.
  Indicate whether the statement is true or false

Question 2

If a number increases from 10 to 20, we are looking for the ___________________ _.
 Fill in the blank(s) with correct word



ErinKing

  • Sr. Member
  • ****
  • Posts: 362
Answer to Question 1

FALSE

Answer to Question 2

rate of increase



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

For a complete list of videos, visit our video library