Calculating Finance Charge on a Credit Card with 29

School: Ivy Tech Community College, Northcentral - Course: MATH 123 - Subject: Accounting

4. Find the finance charge on a credit card that has an APR of 29.50% with a total charge of $657. , 2850 657 x -12 = $14. 15 5. What exact excel formula is needed to find the total amount in a retirement account if you save for 40 years with an APR of 3.5%? You save $100 each month. = fu (1 035 / 12 , 40 * 12 , - 100 ) 6. Consider the chart below for the number of registered runners for a local marathon. Year 2000 2002 2004 2006 2008 2010 2012 2014 2016 Registered Runners 285 482 390 672 599 701 642 590 679 A. Find the absolute change in the number of registered runners 2006 to 2016. Write a meaningful sentence using your answer. 7 more runners 679 - 472 B. Find the relative change in the number of registered runners 2006 to 2016. Write a meaningful sentence using your answer. about 1%0 more runners n 472 = +1 %%

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