Denise used her credit card to buy a pair of new shoes for $120. at the end of the month, she could
only make a payment of $20 on the credit card. if the monthly interest rate on the credit card is 3%,
how much will she owe on her next bill?
$123
$100
$103
$113

Step-by-step explanation:

$120= the amount to pay for the shoe

$20 paid for the month

Balance to pay = $100

Then 3% interest rate on credit card = 3% of $100=$3

Therefore amount to pay = $3+$100=$103

step-by-step explanation:

16

step-by-step explanation:

2 x 40 = 80

80/5

= 16