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lisag0234:
Becca opens a credit card with an APR of 22.99%. How much is charged in interest this month if her balance is $1750? (2 points)
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bonez:
where is the answer choices?
lisag0234:
19.16 22.99 35.53 402.33
bonez:
ok
bonez:
is there a answer with 33.53?
lisag0234:
yes, I'm sorry, I copied it wrong
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lisag0234:
How did you get to that?
bonez:
well thats the answer
bonez:
The monthly interest rate is 0.2299/12 expressed as a decimal. Interest for this month is 1750×0.229912=$? and that should give ya the answer
lisag0234:
Thank you! that makes sense!
bonez:
welcome
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