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14 July, 17:06

Dae opens a credit card with an APR of 19.49% compounded monthly. How much is charged in interest this month if her balance is $1250?

A) 19.49

B) 20.30

C) 104.17

D) 243.16

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Answers (2)
  1. 14 July, 17:55
    0
    Interest charged

    1,250*0.1949 * (1:12)

    =20.30
  2. 14 July, 20:50
    0
    The answer is 19.49 wish you luck
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