What is the finance charge on this loan

Assignment Help Financial Management

Reference no: EM131903758

Solve the Question Given below

Joshua borrowed $700 for one year and paid $35 in interest. The bank charged him a service charge of $10. What is the finance charge on this loan?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131903758

Questions Cloud

Key processes of health care management : In your Ethics in Health Administration text, the author identifies the key processes of health care management as planning, organizing, staffing

Suggest at least two ways of dividing machines into cells : A university is installing DCE on all computers on campus. Suggest at least two ways of dividing the machines into cells.

Why are some projects terminated before they are completed : List several lessons learned from a project in which you were a project team member or project manager. How will these lessons learned inform your future.

Priceline internal strengths and weaknesses : Who are priceline's competitors? and do you see Priceline's strategy as effective or ineffective? Why?

What is the finance charge on this loan : Joshua borrowed $700 for one year and paid $35 in interest. The bank charged him a service charge of $10. What is the finance charge on this loan?

Write a three page summary of the project : Search the Web for a project that was completed successfully. Write a three page summary of the project, including the critical factors that made this project.

Write a routine to implement rotation by any specified angle : Write a routine to implement rotations by any specified angle in a frame-buffer block transfer. Implement scaling as a raster transformation of a pixel block.

Recommendation and drawing a conclusion : What is difference between making a recommendation and drawing a conclusion?

Staff accountant for maximum corporation : You have just been hired as the staff accountant for Maximum Corporation. However, the accounting manager is unclear about your ability

User Account

All Pages