Question 1

teresa's credit card company calculates a finance charge based upon a periodic rate of 4.1% on all unpaid balances. if teresa has an unpaid balance of $146.00, determine the finance charge that she will be assessed.
round your answer to two decimal places.

a $2.04

b $5.82

c $5.99

d $6.72

rex's credit card company calculates a finance charge based upon a periodic rate of 1.5% on all unpaid balances. if rex has an unpaid balance of $200.00, determine the finance charge that he will be assessed.

a $201.50

b $198.50

c $3.00

d $30.00

elizabeth's credit card company calculates a finance charge based upon a periodic rate of 3.2% on all unpaid balances. if elizabeth has an unpaid balance of $541.00, determine the finance charge that she will be assessed.
round your answer to two decimal places.

a $10.37

b $12.44

c $14.43

d $17.31

jerry's credit card company calculates a finance charge based upon a periodic rate of 2.3% on all unpaid balances. if jerry has an unpaid balance of $250.00, determine the finance charge that he will be assessed.

a $4.60

b $5.00

c $5.75

d $6.25

john's credit card company calculates a finance charge based upon a periodic rate of 1.35% on all unpaid balances. if john has an unpaid balance of $347.65, determine the finance charge that he will be assessed.
round your answer to two decimal places.

a $3.49

b $4.69

c $346.30

d $469.33