What must be the amount of the finance charge

Reference no: EM13199160

Nick has a revolving department store credit card account with an annual percentage rate of l5%. Last month's balance on the account was $423.78. During the current month, he made purchases totaling $123.42 and made payment of $100.00. The store uses the unpaid balance method. According to this information, what must be the amount of the finance charge?

Reference no: EM13199160

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