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Dave borrowed $500 for one year and paid $50 in interest. the bank charged him a $5 service charge. what is the finance charge on this loan?
$50 + 5 = $55 is the total finance charge on this loan.
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User: Dave borrowed $500 for one year and paid $50 in interest. the bank charged him a $5 service charge. what is the finance charge on this

User: Dave borrowed $500 for one year and paid $50 in interest. the bank charged him a $5 service charge. what is the finance charge on this loan?





Weegy: $50 + 5 = $55 is the total finance charge on this loan.
Expert answered|ephraimzRN|Points 1038|

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Asked 11/24/2011 1:32:01 AM
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