Bridgette opened a store credit card to purchase a business suit for $463. She put the entire purchase on the credit card. Her A
PR is 14.99% and the minimum payment is 5%. Assuming she makes only minimum payments, what is the remaining balance on her card after 3 months? Can someone help me .
Begin by computing the <span>monthly interest rate like this: </span> <span>Each month, we have to substract from $463 the monthly rate and the payment of 5%, which result in the following formula: </span> <span> So, after three months, it ill remains $381.5 in </span><span>Bridgette account. </span>