Solve the Problem The Interest Rate on the Card Is 1

question 215

Multiple Choice

Solve the problem.
-On the October 3 billing date, Violet had a balance due of $841.71 on her credit card. The Transactions during the following month were: $\begin{array}{llcc} \text {October 12 Charge: clothing } &\$240.83\\ \text {October 15 Payment } &\$316\\ \text {October 25 Charge: auto repair } &\$361.43\\\end{array}$

The interest rate on the card is 1.8% per month. Using the previous balance method, find the Finance charge on November 3.

• A) $25.17
• B) $15.15
• C) $9.46
• D) $20.30

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Definitions:

Human Experimentation

The use of human subjects in medical or scientific research to explore the effects of variables under controlled conditions.

Social Goal

An objective or aim that is considered to benefit society as a whole, such as reducing inequality or improving public health.

Hans Jonas

A German philosopher known for his influential work in bioethics and philosophy of technology, emphasizing responsibility in technological and environmental ethics.

Inherently Wrong

Actions or behaviors that are considered unethical or immoral by their very nature, regardless of context or outcome.