Marion County Public Schools | Dream. Believe. Achieve.
BUSINESS MATH FINAL REVIEW. ... Substitute your variables into the finance charge formula. Finance charge = Balance x periodic rate x number of periods. Bob used his credit card in an ATM to borrow $350 on a cash advance. His card company charged a cash advance fee of $10 and a daily periodic interest rate of 0.0345%. ... FORMULA CHEAT SHEET ... ................
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