Question 5
The annual interest rate is 15% on your credit card.
The balance after the grace...
Mathematics, 14.12.2021 22:40 karolmolina49
Question 5
The annual interest rate is 15% on your credit card.
The balance after the grace period is $500.
There was a payment of $200 received on the 2nd day.
What is the interest for the month?
Assume that the month is 30 days long.
A: $37.50
B: $3.75
C: $37.80
D: $3.78
Answers: 3
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