Question

PLEASE.. I WILL GIVE MEDAL AND FAN.. LIKE PLEASEEE HEELP.. IM TOTALLY BEGGING HERE...

A bank issuing credit cards charges the card holder interest of 3.25% per month. Find the equation for the interest charged per month on an unpaid balance of "Phpx" ("Php" here is my country's currency)

PLEAASEEE

Answer 1

Multiply the percent rate by the amount.

Answer 2

So It'll be I= (3.25/100)Phpx ?

Answer 3

Yes.
You can alsio write it as:

\(I = 0.0325Phpx\)

Answer 4

thank you sooo much :)