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kupik [55]
2 years ago
10

Danielle opens a credit card with an APR of 22.79% compounded monthly. How much is charged in interest this month if her balance

is $1550?
Mathematics
1 answer:
salantis [7]2 years ago
8 0
1550 * 0.2279 / 12   ( monthly interest is 1/12 of APR)

= $29.43
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