Your parents have a credit card with a balance of $3,287.90 at an interest rate of 14.5% APR. They pay $1,200.00 each month on the due date until the card is paid off. How many months does it take to pay off the card, and what is the total amount paid including interest?

3 Months to pay it off

Step-by-step explanation:

month one: 3287.90 x 14.5%/12=39.73

3287.90+39.73=3327.63-1200=2127.63

month two: 2127.63x14.5%/12=25.71

2127.63+25.71=2153.34-1200=953.34

month three: 953.34x14.5%/12=11.52

953.24+11.52=964.86

payment in month three is $964.86 to pay the card off

total amount of money that he should pay if he has not used his duty free exemption is $98

step-by-step explanation:

given a united states citizen returning to the states declares the following items at the customs office: 3 shirts at $8.50 each 2 dresses at $27.50 each 1 pair of gold cuff links at $17.50 per pair. we have to find how much he pay

cost of 3 shirts if one cost at $8.50 is

cost of 2 dresses if one cost at $27.50 is  

cost of 1 pair of gold cuff at $17.50

so, total amount of money that he should pay if he has not used his duty free exemption is   $25.5+$55+$17.50=$98