Joshuadang8899 Joshuadang8899
  • 01-05-2018
  • Business
contestada

Gabrielle daily borrows $1,000 at a 6 percent add-on rate for one year.what is the finance charge?answers

Respuesta :

MrsTriplet MrsTriplet
  • 10-05-2018
P - principle of the loan
FC - finance change or total interest 
N - number of months the loan is force

FC = ($1,000 x .06 x 1) 
FC = $60

Finance charge is $60.
Answer Link

Otras preguntas

What are depository and non depository financial institutions? How do they differ?​
at summer camp the ratio of boy to girls was 7:1. If there were 63 boys, how many girls were there
How do you round 3,962 to the nearest hundred
Fish, poultry, lean meats, and nuts should be consumed for which of the following nutrients? a. calcium b. carbohydrates c. protein d. vitamin D
Which sentence best describes clustering? A. You write down words or ideas in chronological order. B. You're generating words that suggest possible themes for a
The Mycenaeans were located in this country.
Which of the following is a health measure taken by the national government to improve public health?
what is mother teresa's marital status
Personification for the big bear
How do the actions of earthworms improve soil quality? How does this impact the amount of biomass an ecosystem can support?