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Frank's bank charges a variable finance rate of 1.5 percent on purchases up to $100, and one percent for purchases over $100. If his unpaid balance is $354.15 this month, what is his finance charge?​
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Frank's bank charges a variable finance rate of 1.5 percent on purchases up to $100, and one percent for purchases over $100. If his unpaid balance is $354.15 this month, what is his finance charge?​

User Christopher Schultz
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1 Answer

0 votes

Answer:

Hi there, $4.04 should be his finance charge.

Explanation:

User Lamarr
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