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Mathematics 15 Online
OpenStudy (anonymous):

Sonya uses her credit card to pay for new exhaust system that ended up totaling $831.75. She can pay off up to $300 a month. The card has an annual rate of 20.5%. How much will she pay in interest? $170.51 $27.90 $259.65 $33.63

OpenStudy (anonymous):

please anyone help

OpenStudy (anonymous):

I'm not sure, but I think you may need to multiply $831.75 by 20.5%. Then just move the decimal point over two spaces.

OpenStudy (anonymous):

Okay thanks :)

OpenStudy (anonymous):

im not sure!! @LuluScavino

OpenStudy (anonymous):

@LuluScavino by annual rate of 20.5%, what is exactly meant?

OpenStudy (anonymous):

I=PRT right? Can't you use that or..?

OpenStudy (anonymous):

Thanks guys idk how to give medals but i would so give you guys medals:)

OpenStudy (anonymous):

Just click best repsonse @LuluScavino

OpenStudy (anonymous):

Thank you all so much I think i have the info i need to figure it out (:

OpenStudy (anonymous):

Your welcome! @LuluScavino

OpenStudy (anonymous):

for any future reaDERS the answer is $27.90

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