If your credit score is 750, how much will you pay in interest by the end of 1 month if you owe $2,375.00?

$31.17

$24.74

$18.31

$11.38,

Question

Mathematics

Charlee Mccall

15 March, 14:01

If your credit score is 750, how much will you pay in interest by the end of 1 month if you owe $2,375.00?

$31.17

$24.74

$18.31

$11.38,

+5

Answers (1)

Know the Answer?

Walker Weeks · Answer 1

The answer is $18.31. The answer would be the third option.

The interest is 1/12

Then 9.25% multiplied by the $2,375 balance

(0.0925 * 2375) / 12 = 219.69

= 219.69 / 12

= $18.31

If your credit score is 750, how much will you pay in interest by the end of 1 month if you owe $2,375.00?$31.17$24.74$18.31$11.38,

If your credit score is 750, how much will you pay in interest by the end of 1 month if you owe $2,375.00?

$31.17

$24.74

$18.31

$11.38,