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Q: Calculate the finance charge on a credit card balance of 3299.19 at a monthly rate of 1.2 percent?
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Related questions

What is the finance charge if the balance is 740.77 and the monthly rate is 1.3?

1.3 percent of 740.77 is 9.63


What is the finance charge on a credit card balance of 3299.19 at a monthly rate of 1.2 percent?

39.59


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Calculate the annual interest rate on a credit card if the monthly interest is 1.2 percent?

14.4%


How much would a monthly payment be on 14000 on credit card?

Three to five percent of the statement balance.


What is monthly interest if balance is 20500 at interest rate of 6.5 percent?

Assuming 6.5% refers to the annual interest rate, the monthly interest is 111.04 approx.


What is the formula used to calculate 8.5 percent interest on a credit card with a balance of five hundred dollars?

Credit card companies use several methods to calculate interest. There can be one or two billing cycles per month. Interest can be charged on the daily balance, new purchases, etc. You should refer to the "How finance charges are calculated" section of you billing statement.