Calculate the monthly finance charge for the credit card transaction. Assume that it takes 10 days for a payment to be received and recorded and that the month is 30 days long. (Round your answer to the nearest cent.) $325 Rate: 15% Payment: $275 Method: Average daily balance Balance:

Find the monthly payment of the loan. Purchase Price      Down Payment      Finance Charge   #of Monthly Payments       $2700                     $500                        $250                        36 What is the monthly payment?

Calculate the finance charge (in $) and the annual percentage rate for the installment loan by using the APR formula. (Round dollar amounts to the nearest cent and percentages to one decimal place.) if the amount financed is 18,200 number of payments are 72 and monthly payment is 424.08   Sloving for finance charge and apr

You buy items costing 3,000 and finance the cost with a simple interest fixed installment loan at 5% simple interest per year. The finance charge is 600.00. A. How many years will you be paying? B. What is your monthly payment?