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

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$39.59

finance charges are imposed on unpaid balances each month. To determine the monthly finance charge rate, the annual rate is divided by 12

If there is no repayment then the compound interest will continue growing for ever - becoming infinite. If there is repayment then the charge will depend on the amounts of repayment.

It was Judas Iscariot.

Yes, and AT&T doesn't tell you when you use it, but there it is on the monthly bill--$3.00.

Related questions

multi the unpaid balance by the monthly interest rate

1.3 percent of 740.77 is 9.63

39.59

$2.99

$39.59

Calculate the finance charge on a credit card balance of 3,299.19 at a monthly rate of 1.2%.

Calculate the finance charge on a credit card balance of 3,299.19 at a monthly rate of 1.2%.

18.19

Calculate the average balance and finance charge

A finance charge is interest charged by a lender on the unpaid balance of a loan.

A finance charge is interest charged by a lender on the unpaid balance of a loan.

79.80