The monthly finance charge when the previous balance method is used is $245.83
<h3>How to calculate the amount?</h3>
The finance charge using the previous balance method will be:
= 3000 × 15 × 1/(12 × 100) + 2500/12
= 3000 × 15 × 1/1200 + 208.33
= $245.83
The charge when the adjusted balance method is used will be:
= $3000 - $2500
= $500
The charge when the average daily balance is used will be:
= 3000 × 15% × (1/12)
= 3000 × 0.15 × (1/12)
= $37.50
Learn more about finances on:
brainly.com/question/26499492
#SPJ1
If it is September then it is my birthday
Answer:
There wasn’t any question posted
Step-by-step explanation:
The question was not posted, therefore there is no logical way to help you with the question.
(4 * 5)2 - 6 + 3 = 37
Explanation:
(4 * 5) = 20
20 * 2 = 40
40 - 6 = 34
34 + 3 = 37
There is no actual formula that takes in a persons weight and shows what speed they would be, so there is no way of determining who would be faster pound for pound. I hope this helps.