kobeshank14 kobeshank14
  • 15-03-2020
  • Mathematics
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What is the finance charge?

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krevin300334 krevin300334
  • 15-03-2020

Answer:

A finance charge is the cost of borrowing money, including interest and other fees. It can be a percentage of the amount borrowed or a flat fee charged by the company. Credit card companies have a variety of ways of computing finance charges.

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