be received and recorded, and that the month is 30 days long. (Round your answers to the nearest cent.) $300 balance, 14%, $50 payment (a) previous balance method $ (b) adjusted balance method $ (c) average daily balance m

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Q: Calculate the monthly finance charge for the credit card transaction. Assume that it takes 10 days…

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A: Hi There, thanks for posting the question. But as per Q&A guidelines, we must answer the first…

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Q: Calculate the monthly finance charge for the credit card transaction. Assume that it takes 10 days…

A: Information Provided: Balance = $4000 Rate = 16% Payment = $2500 Days it take for payment = 10 Days

Q: whats the answer to number 1?

A: Please see the next step for the solution

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Q: Calculate the monthly finance charge for the credit card transaction. Assume that it takes 10 days…

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Q: None

A: Monthly finance charge $4.60   THANK YOU

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