« previous next »

Author Question: Kurt borrowed 225 for 18 days on his credit card using a cash advance. His credit company charged a ... (Read 243 times)

sdfghj

  • Hero Member
  • *****
  • Posts: 552
on: Jun 24, 2018
Kurt borrowed 225 for 18 days on his credit card using a cash advance. His credit company charged a cash advance fee of 12 and a daily periodic interest rate of 0.054. What was the total finance charge on the cash advance?

Question 2

Michelle Peterson's credit card statement for the month of December showed a membership fee of 40, a late fee of 15, a finance charge of 11.72, and an over-the-limit fee of 14. What was the total cost of the card to Michelle in December?


pocatato

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 24, 2018
Answer to Question 1

14.19

Answer to Question 2

80.72


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Defibrillator. Defibrillators are devices that supply a voltage charge to the heart in the hope of r Defibrillator. Defibrillators are devices that supply a voltage charge to the heart in the hope of r
Electrostatic interactions of oppositely charged ions of salt Electrostatic interactions of oppositely charged ions of salt
An oral contraceptive showing the daily doses and the different formulation taken in the last 7 days An oral contraceptive showing the daily doses and the different formulation taken in the last 7 days
Men and women report having fewer days with stressors as they go from middle to older adulthood, and ... Men and women report having fewer days with stressors as they go from middle to older adulthood, and ...
Camshaft rotation during advance and retard. Camshaft rotation during advance and retard.
Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ... Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ...
Video: Wound Cultures

For a complete list of videos, visit our video library