KeenanStormbringer KeenanStormbringer

06-09-2017
Mathematics

contestada

Susan has a balance of $5,125 on her credit card. If the card has an annual rate of 18.75% how much is the finance charge for this month?
$80.08
$18.75
$960.94
$263.27

Respuesta :

mhanderma0001 mhanderma0001

06-09-2017

the answer is $80.08

you divide 18.75 by 12 and get 1.5625
then you do 1.5625% x 5,125 = 80.08

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