Question

PLZ HELP 20 POINT

Lucia's credit card company calculates a finance charge based upon a periodic rate of 1.92% on all unpaid balances. If Lucia has an unpaid balance of $212.53, determine the finance charge that she will be assessed.
Round your answer to two decimal places.



$214.45

$210.61

$408.06

$4.08

Answer 1

$1.98

Step-by-step explanation:

125.89 x 0.0157 = 1.97 rounded to 1.98

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