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jerry's credit card company calculates a finance charge based upon a periodic rate of 2.3% on all unpaid balances. if jerry has an unpaid balance of $250.00, determine the finance charge that he will be assessed.

$4.60

$5.00

$5.75

$6.25
1 points

The correct answer is:

$5.75

2.3% of 250 is 5.75.

5.75$

Step-by-step explanation:

find 1% of 250 and multiply it by 2

find .1% of 250 and multiply it by three.

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- both graphs increase on their domain.

- the graphs of both functions have the same x-intercept.

- neither graph has a y-intercept.