Question

Please Help ASAP ??

Barbara opened a store credit card to purchase a game console for $396. She put the entire purchase on the credit card. Her APR is 24.99% and the minimum payment is 5%. Assuming she makes only minimum payments, what is the remaining balance on her card after 3 months?

$362.35

$339.52

$384.45

$351.78

Answer 1

personal finance or business math?

Answer 2

i would go for 339

Answer 3

@lesleygotcraycray123 thanks

Answer 4

no prob

Answer 5

@lesleygotcraycray123 its wrong actually

Answer 6

why?

Answer 7

384

Answer 8

you pay 5% is like 20 a month, and interest is like 8
add 8 three time and subtract 20 three times for the three months

Answer 9

384.45 sorry i calculated wrong

Answer 10

In 3 months is like 362