
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 ...

Dave borrowed $500 for one year and paid $50 in interest. The bank charged him a $5 service charge. [www.studyblue.com/notes/note/n/file/437231] ...

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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
Weegy: Dave borrowed $500 for one year and paid $50 in interest. The bank charged him a $5 service charge. [
www.studyblue.com/notes/note/n/file/437231]
Auto answered|Score .9189User: 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?
Note: Dave borrowed $500 for one year and paid $50 in interest. The bank charged him a $5 service charge. [
www.studyblue.com/notes/note/n/file/437231]
Auto answered|Score .8412Note: I'm sorry that that wasn't a good answer. Please hold on while I contact an expert.
Weegy: $50 + 5 = $55 is the total finance charge on this loan.
Expert answered|ephraimzRN|Points 1038|All Categories|No Subcategories|Expert answered|Rating 0| 11/24/2011 1:32:01 AM
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