Jerome's credit card has an APR of 18%, calculated on the previous monthly balance, and a minimum payment of 2%, starting the month after the first purchase., His credit card record for the last 7 months is shown in the table below. How much of the initial purchase has Jerome paid off over the 7 months?

195.54

Step-by-step explanation:

65.18

Step-by-step explanation:

the simplified form is

step-by-step explanation:

we want to simplify the expression,

let us change the middle bar to a normal division sign to obtain,

we multiply the first fraction by the reciprocal of the second fraction to obtain,

we factor to obtain,

we cancel the common factors to get,

we simplify to get,

the correct answer is b

i think it might be a but you might want a second opinion