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Mathematics, 21.03.2022 09:30 hannah2718

(TWO multiple choice Questions) Suppose you have a credit card with a 24.31% APR on purchases with an outstanding balance of $3,200. How much would you pay on the 30th day of the billing cycle?( The hint i was given for this was P=$3,200, r =24.31%, t = 1/365, n = 365 A. $3,264.56

B.$3,265.47

C.$3,211.18

Question 2 Suppose you have a credit card with a 24.31% APR on purchases. with an outstanding balance of $3,200. How much would you pay on the first day of the billing cycle? The hint i was given for this was( Hint: P=$3,200, r =24.31%, t = 30/365, n = 365

A.$3,200.00

B.$3202.13

C. $3,211.18

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