##### Roderick's credit card company calculates a finance charge based upon a periodic

 Algebra Tutor: None Selected Time limit: 1 Day

Roderick's credit card company calculates a finance charge based upon a periodic rate of 1.2% on all unpaid balances. If Roderick has an unpaid balance of \$200, determine the finance charge that he will be assessed.

Dec 19th, 2014

Roderick will be charged 1.2 % of the unpaid balance.

in this case the unpaid balance is \$200,

so Finance Charges = 1.2% of \$200 = (1.2/100)*200 = \$2.4

so, Roderick has to pay finance charge of \$2.4

Dec 19th, 2014

...
Dec 19th, 2014
...
Dec 19th, 2014
Dec 6th, 2016
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The text passage contains a mathematical question and provides an answer to it. The question is about calculating the finance charge on Roderick's credit card based on a given periodic rate and unpaid balance, and the answer is provided as \$2.4.
single_question_with_answer
Given a text passage, determine:
    1. If it contains a mathematical question (including word problems or calculations)
    2. If an answer to that mathematical question is provided in the text

First, describe the content structure you found in 1-2 sentences.

Then provide your analysis in the following format:
TYPE: <one of the following values>
- NO_QUESTION
- SINGLE_QUESTION
- SINGLE_QUESTION_WITH_ANSWER
- MULTIPLE_QUESTIONS
- MULTIPLE_QUESTIONS_WITH_ANSWERS
system
##### Roderick's credit card company calculates a finance charge based upon a periodic

 Algebra Tutor: None Selected Time limit: 1 Day

Roderick's credit card company calculates a finance charge based upon a periodic rate of 1.2% on all unpaid balances. If Roderick has an unpaid balance of \$200, determine the finance charge that he will be assessed.

Dec 19th, 2014

Roderick will be charged 1.2 % of the unpaid balance.

in this case the unpaid balance is \$200,

so Finance Charges = 1.2% of \$200 = (1.2/100)*200 = \$2.4

so, Roderick has to pay finance charge of \$2.4

Dec 19th, 2014

...
Dec 19th, 2014
...
Dec 19th, 2014
Dec 6th, 2016
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
user
The text passage contains a mathematical question and provides an answer to it. The question is about calculating the finance charge on Roderick's credit card based on a given periodic rate and unpaid balance, and the answer is provided as \$2.4.

TYPE: SINGLE_QUESTION_WITH_ANSWER