The finance charge if Daniel Noguera has a Bank of America revolving credit account with the annual percentage is 12 % . The previous month’s balance is $ 301.98 . The table showing the transactions is as follows:

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Answer 1

Question

Chapter 13, Problem 2AT

(a)

To determine

To calculate: The finance charge if Daniel Noguera has a Bank of America revolving credit account with the annual percentage is 12%. The previous month’s balance is $301.98.

The table showing the transactions is as follows:

(b)

To determine

To calculate: The new balance if Daniel Noguera has a Bank of America revolving credit account with the annual percentage is 12%. The previous month’s balance is $301.98.

The table showing the transactions is as follows:

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The average number of minutes Americans commute to work is 27.7 minutes (Sterling's Best Places, April 13, 2012). The average commute time in minutes for 48 cities are as follows: Click on the datafile logo to reference the data. DATA file Albuquerque 23.3 Jacksonville 26.2 Phoenix 28.3 Atlanta 28.3 Kansas City 23.4 Pittsburgh 25.0 Austin 24.6 Las Vegas 28.4 Portland 26.4 Baltimore 32.1 Little Rock 20.1 Providence 23.6 Boston 31.7 Los Angeles 32.2 Richmond 23.4 Charlotte 25.8 Louisville 21.4 Sacramento 25.8 Chicago 38.1 Memphis 23.8 Salt Lake City 20.2 Cincinnati 24.9 Miami 30.7 San Antonio 26.1 Cleveland 26.8 Milwaukee 24.8 San Diego 24.8 Columbus 23.4 Minneapolis 23.6 San Francisco 32.6 Dallas 28.5 Nashville 25.3 San Jose 28.5 Denver 28.1 New Orleans 31.7 Seattle 27.3 Detroit 29.3 New York 43.8 St. Louis 26.8 El Paso 24.4 Oklahoma City 22.0 Tucson 24.0 Fresno 23.0 Orlando 27.1 Tulsa 20.1 Indianapolis 24.8 Philadelphia 34.2 Washington, D.C. 32.8 a. What is the mean commute time for…

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Answer 2

Question

Chapter 13, Problem 2AT

(a)

To determine

To calculate: The finance charge if Daniel Noguera has a Bank of America revolving credit account with the annual percentage is 12%. The previous month’s balance is $301.98.

The table showing the transactions is as follows:

(b)

To determine

To calculate: The new balance if Daniel Noguera has a Bank of America revolving credit account with the annual percentage is 12%. The previous month’s balance is $301.98.

The table showing the transactions is as follows:

Expert Solution & Answer

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Answer 3

Question

Chapter 13, Problem 2AT

(a)

To determine

To calculate: The finance charge if Daniel Noguera has a Bank of America revolving credit account with the annual percentage is 12%. The previous month’s balance is $301.98.

The table showing the transactions is as follows:

(b)

To determine

To calculate: The new balance if Daniel Noguera has a Bank of America revolving credit account with the annual percentage is 12%. The previous month’s balance is $301.98.

The table showing the transactions is as follows:

Expert Solution & Answer

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Answer 4

Question

Chapter 13, Problem 2AT

(a)

To determine

To calculate: The finance charge if Daniel Noguera has a Bank of America revolving credit account with the annual percentage is 12%. The previous month’s balance is $301.98.

The table showing the transactions is as follows:

(b)

To determine

To calculate: The new balance if Daniel Noguera has a Bank of America revolving credit account with the annual percentage is 12%. The previous month’s balance is $301.98.

The table showing the transactions is as follows:

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 5

Chapter 13, Problem 2AT

(a)

To determine

To calculate: The finance charge if Daniel Noguera has a Bank of America revolving credit account with the annual percentage is 12%. The previous month’s balance is $301.98.

The table showing the transactions is as follows:

(b)

To determine

To calculate: The new balance if Daniel Noguera has a Bank of America revolving credit account with the annual percentage is 12%. The previous month’s balance is $301.98.

The table showing the transactions is as follows:

Answer 6

Chapter 13, Problem 2AT

(a)

To determine

To calculate: The finance charge if Daniel Noguera has a Bank of America revolving credit account with the annual percentage is 12%. The previous month’s balance is $301.98.

The table showing the transactions is as follows:

Answer 7

Chapter 13, Problem 2AT

(a)

To determine

To calculate: The finance charge if Daniel Noguera has a Bank of America revolving credit account with the annual percentage is 12%. The previous month’s balance is $301.98.

The table showing the transactions is as follows:

Answer 8

(b)

To determine

To calculate: The new balance if Daniel Noguera has a Bank of America revolving credit account with the annual percentage is 12%. The previous month’s balance is $301.98.

The table showing the transactions is as follows:

Answer 9

(b)

To determine

To calculate: The new balance if Daniel Noguera has a Bank of America revolving credit account with the annual percentage is 12%. The previous month’s balance is $301.98.

The table showing the transactions is as follows:

Answer 10

Expert Solution & Answer

Answer 11

Expert Solution & Answer

Answer 12

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Answer 13

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The finance charge if Daniel Noguera has a Bank of America revolving credit account with the annual percentage is 12 % . The previous month’s balance is $ 301.98 . The table showing the transactions is as follows:

Solution Summary: The author calculates the finance charge if Daniel Noguera has a Bank of America revolving credit account with the annual percentage is 12%.

Concept explainers

Videos

To calculate: The finance charge if Daniel Noguera has a Bank of America revolving credit account with the annual percentage is 12%. The previous month’s balance is $301.98.

The table showing the transactions is as follows:

To calculate: The new balance if Daniel Noguera has a Bank of America revolving credit account with the annual percentage is 12%. The previous month’s balance is $301.98.

The table showing the transactions is as follows:

Want to see the full answer?

Chapter 13 Solutions

The finance charge if Daniel Noguera has a Bank of America revolving credit account with the annual percentage is 12 % . The previous month’s balance is $ 301.98 . The table showing the transactions is as follows:

Solution Summary: The author calculates the finance charge if Daniel Noguera has a Bank of America revolving credit account with the annual percentage is 12%.

Concept explainers

Videos

To calculate: The finance charge if Daniel Noguera has a Bank of America revolving credit account with the annual percentage is 12%. The previous month’s balance is $301.98. The table showing the transactions is as follows:

To calculate: The new balance if Daniel Noguera has a Bank of America revolving credit account with the annual percentage is 12%. The previous month’s balance is $301.98. The table showing the transactions is as follows:

Want to see the full answer?

Chapter 13 Solutions

To calculate: The finance charge if Daniel Noguera has a Bank of America revolving credit account with the annual percentage is 12%. The previous month’s balance is $301.98.

The table showing the transactions is as follows:

To calculate: The new balance if Daniel Noguera has a Bank of America revolving credit account with the annual percentage is 12%. The previous month’s balance is $301.98.

The table showing the transactions is as follows: