Larry's bank charges a variable finance rate of 1.5 percent on purchases up to $100, and one percent for purchases over $100.
If his unpaid balance is $246.07 this month, what is his finance charge?
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Home » Mathematics » Larry's bank charges a variable finance rate of 1.5 percent on purchases up to $100, and one percent for purchases over $100. If his unpaid balance is $246.07 this month, what is his finance charge?