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Q: Monique's previous credit card balance is 199.26 and she has a monthly finance charge of 1.5 How much will the credit card company assess in finance charges on this balance?
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Sara had a previous balance of 449.13 carried over from last months credit card bill The credit card company assessed a 6.74 finance charge What is Saras new balance?

$455.87, assuming Sara has not made any additional charges on her card since receiving the previous credit card bill. When a credit card company assesses a finance charge, the finance charge ($6.74) is added to the existing balance ($449.13) to arrive at a new balance ($455.87). As an aside, if possible, Sara should revolve (carry) her balance on a credit card that charges a lower rate since the $6.74 finance charge represents 18% (17.7%) on an annualized basis.


If your previous balance was 100 and your credit card company asked that you pay 5 of your balance how much would you need to pay?

5.00 of course !


What fee is charged to transfer a credit card balance?

The fee charged to transfer a credit card balance varies from $0 to a certain percentage depending on the credit card company that you are dealing with. Chase Business credit card charges $20 per transfer whereas American Express One charges 10%.


If a company has overdrawn its bank balance then what is the answer?

if the company has overdrawn it balance that means the company ow the bank' in other words the company had made an overdraft, it is the liability to the company..


What is a balance transfer with regards to credit cards?

A balance transfer is when an amount owing on one credit card is transferred to another credit card. This is usually done to take advantage of lower interest charges. A credit card company usually specifies a minimum/maximum amount you can transfer.

Related questions

Sara had a previous balance of 449.13 carried over from last months credit card bill The credit card company assessed a 6.74 finance charge What is Saras new balance?

$455.87, assuming Sara has not made any additional charges on her card since receiving the previous credit card bill. When a credit card company assesses a finance charge, the finance charge ($6.74) is added to the existing balance ($449.13) to arrive at a new balance ($455.87). As an aside, if possible, Sara should revolve (carry) her balance on a credit card that charges a lower rate since the $6.74 finance charge represents 18% (17.7%) on an annualized basis.


If your previous balance was 100 and your credit card company asked that you pay 5 percent of your balance how much would you need to pay?

5.00


If your previous balance was 100 and your credit card company asked that you pay 5 of your balance how much would you need to pay?

5.00 of course !


Where do you find positive and negative numbers in finance?

In a company balance sheet.In a company balance sheet.In a company balance sheet.In a company balance sheet.


What is prime APR?

APR stands for Annual Percentage Rate or percentage of interest a company charges you on a 12 month basis for a balance on their card.


Sara had a previous balance of 449.13 carried over from last month's credit card bill The credit card company assessed a 6.74 finance charge What is Sara's new balance?

455.87


What fee is charged to transfer a credit card balance?

The fee charged to transfer a credit card balance varies from $0 to a certain percentage depending on the credit card company that you are dealing with. Chase Business credit card charges $20 per transfer whereas American Express One charges 10%.


What do parentheses mean in a credit card account balance?

Usually it means that you have a credit balance and the credit card company owes you money. This occurs when you pay more than you owe or you receive a refund from a previous purchase.


What can we the new company offer that your previous company cannot offer?

What can we (the new company) offer that your previous company cannot offer?


If a company has overdrawn its bank balance then what is the answer?

if the company has overdrawn it balance that means the company ow the bank' in other words the company had made an overdraft, it is the liability to the company..


What company makes new balance shoes?

New balance!


What is the trial balance of a company?

The trial balance of a company is a list of all the accounts (income, expense and balance sheet) with their current balances. A trial balance should always total zero