Lucinda thompson’s charge account statement shows unpaid balance of 222.08. the monthly finance charge is 1.5 percent of the unpaid balance. what is the finance charge

first you divide 1.2 by its self because you need to get 1 pound. 1.2 / 1.2 = 1

now that you have one pound, you divide 11.82 by 1.2 = 9.85

The finance charge is $ 3.3312 .

Step-by-step explanation:

As given

lucinda thompson’s charge account statement shows unpaid balance of 222.08.

The monthly finance charge is 1.5 percent of the unpaid balance.

1.5% is written in the decimal form

= 0.015

Thus

Finance charge = 0.015 × Unpaid balance amount .

Put all the values in the above

                          = 0.015 × 222.08

                          = $ 3.3312

Therefore the finance charge is $ 3.3312 .

43

step-by-step explanation:

0.32

step-by-step explanation:

2.24/7