What is the amount of the finance charge

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Reference no: EM132743875

Question: A customer charges a treadmill at Coronado Equipment Shop. The price is $10500 and the financing charge is 4% per annum if the bill is not paid in 30 days. The customer fails to pay the bill within 30 days and a finance charge is added to the customer's account. What is the amount of the finance charge?

Reference no: EM132743875

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