14/3 or 4.6667
Hope this helps, Good luck on the assignment.
Answer:
option A. Multiply the unpaid balance by the monthly interest rate
Step-by-step explanation:
Finance charges are the monthly service fee charged by lender on the credit used by borrower if they wish to skip the payment of monthly bill and carry forward it to next month.
So, we can calculate finance charges as monthly interest accrued on the unpaid balance.
Finance charges = Unpaid balance x Monthly interest rate.
Hence, option A is correct, i.e. Multiply the unpaid balance by the monthly interest rate.
Answer:
1
Step-by-step explanation:
Factors of 14.
1, 2, 7, 14
Factors of 55.
1, 5, 11, 55
The GCF is the greatest factor they both have in common. In this case it’s 1.
Best of Luck!
