Question

If your credit score is 750, how much will you pay in interest by the end of 1 month if you owe $2,375.00?

$31.17
$24.74
$18.31
$11.38

Answer 1

You have 2 credit cards. One has a balance of $1,675.00 at a 9.75% APR and the other has a balance of $2,378.00 and is dependent upon your credit score. Your score is 650. How much interest is accrued in the first month?

$38.38
$44.82
$31.94
$25.01

Answer 2

Im am trying

Answer 3

1st 1 is 18.31
2nd 1 is 38.38

Answer 4

I agree

Answer 5

They're correct, thank you so much.

Answer 6

You have two credit cards. One has a balance of $1,675.00 at a 9.75% APR and the other has a balance of $2,378.00 and is dependent upon your credit score. Your score is 650. How much interest is accrued in the first month?

This can't be calculated. The interest on the $1675 balance can be calculated as above. With no APR for the $2378 balance, the interest on it can't be calculated. Is there information you didn't supply that translates a credit score of 650 to a specific interest rate?

Answer 7

A. $38.38

Answer 8

welcome