Bob has a credit card that has a 1300 balance as he begins the month. An APR of 14.99% and this month has 31 days. Calculate finance charges.

Asales representative from a local radio station is trying to convince the owner of a small fitness club to advertise on her station. the representative says that if the owner begins advertising on the station today, the club's total number of members will grow exponentially each month. she uses the given expression to model the number of club members, in hundreds, after advertising for t months.