Register

If the average daily balance is $294.45 and the finance charge is $5.57 for the month of March, what is the annual interest rate?

If the average daily balance is $294.45 and the finance charge is $5.57 for the month of March, what is the annual interest rate?
asked 121k views
4 votes
If the average daily balance is $294.45 and the finance charge is $5.57 for the month of March, what is the annual interest rate?

asked
User Yuki Kutsuya
by
8.1k points

1 Answer

6 votes

Answer:6.00 294.00

Explanation:

answered
User Sebass Van Boxel
by
7.9k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!