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Many credit card companie offer low introductory rates of 5.4 percent annual interest what would be the annual finance charge on a balance of 459.29?
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∙ 12y ago
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∙ 12y ago
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What is a finance charge?
A finance charge is interest charged by a lender on the unpaid balance of a loan.
Many credit card companies offer low introductory rates of 5.4 percent annual interest What would be the annual finance charge on a balance of 459.29?
484.09 <<--- its this one or 484.1 i think.. try it or improve the answer
How do you calculate finance charge?
multi the unpaid balance by the monthly interest rate
What are the benefits of CitiGold Interest Checking?
One of the benefits of CitiGold Interest Checking is that there is no minimum opening balance required. There is also no minimum fee to maintain to avoid a finance charge. One will also draw a .1% interest on the balance of their account.
What three factors determine the amount you pay in finance charges?
Finance charges are billed on any revoling balance. What determines what you pay is the balance at the closing of you monthly statment!!! The key is to pay more than the minimum. On average to avoid interest on credit cards do not carry a revolving balance to avoid interest. Tip: only charge what you can afford to pay!!!!
What is finance charge?
A finance charge is interest charged by a lender on the unpaid balance of a loan.
What is a finance charge?
A finance charge is interest charged by a lender on the unpaid balance of a loan.
Many credit card companies offer low introductory rates of 5.4 percent annual interest What would be the annual finance charge on a balance of 459.29?
484.09 <<--- its this one or 484.1 i think.. try it or improve the answer
How do you calculate finance charge?
multi the unpaid balance by the monthly interest rate
If you close a credit card containing a balance in an attempt to pay it off faster how does this affect your finance charges?
It won't. The finance/interest charges will still be applied to the balance in accordance with the original lending agreement.
What are the benefits of CitiGold Interest Checking?
One of the benefits of CitiGold Interest Checking is that there is no minimum opening balance required. There is also no minimum fee to maintain to avoid a finance charge. One will also draw a .1% interest on the balance of their account.
What three factors determine the amount you pay in finance charges?
Finance charges are billed on any revoling balance. What determines what you pay is the balance at the closing of you monthly statment!!! The key is to pay more than the minimum. On average to avoid interest on credit cards do not carry a revolving balance to avoid interest. Tip: only charge what you can afford to pay!!!!
Calculate the average daily balance and finance charge?
Calculate the average balance and finance charge
Effect of interest rate on consumer finance?
Effect of interest rate on consumer finance?
How do you figure finance charge for a loan?
* Interest (Finance Charge) is charged on every loans and credit card accounts that are not paid in full by the payment due date The Finance Charge formula is:Average Daily Balance x Annual Percentage Rate (APR) x Number of Days in Billing Cycle ÷ 365 * To determine your Average Daily Balance:
When was Public Finance Balance of Smoking in the Czech Republic created?
Public Finance Balance of Smoking in the Czech Republic was created in 2001.
What is the current interest rate for auto finance?
Auto finance interest rates vary, but the current interest rate is generally between six and nine percent.
