A small business owner uses Excel to track finance charges for customers using credit. Column A is Customer Name, Column B is Previous Balance, Column C is Annual Interest, Column D is Payments Made, Column E is Monthly Interest Rate, Column F is Finance Charge, and Column G is New Balance. What is the formula for Row 4 to calculate Finance Charge?
a. =B4*C4
b. =(B4-D4)*E4
c. =(B4-D4)*C4
d. =B4*E4
b,c
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