Answer: Option 'D' is correct.
Step-by-step explanation:
Since we have given that
Amount he make for a purchase = $1987.54
Cash back = 2%
Amount of cash back is given by
Rate of interest = 17.75%
Interest of first month will be
So, Difference between the first month's interest and the reward is given by
Hence, Option 'D' is correct.
the answer is D. 35 cm not everyone has the same answer !