Question

help plz... will give medals and fan...warning... its a hard question

Answer 1

The opening balance of one of the 31-day billing cycles for Clay's credit card was $3300, but after 15 days Clay made a payment of $1900 to decrease his balance, and it stayed the same for the remainder of the billing cycle. If his credit card APR is 28%, how much more in interest would he pay for the billing cycle with the previous balance method than with the adjusted balance method?

Answer 2

plz?

Answer 3

Do you know the formulas that are needed?

Answer 4

kinda

Answer 5

Well I don't really can you give me the formula you think it is?

Answer 6

i dunno sorry

Answer 7

Well I don't know even what to google to get a formula for that so I can't help :/

Answer 8

alright thx