Marcus purchases 75 shares of stock. A year after purchasing the stocks, the value of the stock is $2 less per share. Write a mu
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Answer:
The amount Sergei was charged in interest for the billing cycle is given by, $ 5.2 .
Step-by-step explanation:
According to the question, the amount Sergei was charged in interest for the billing cycle is given by, the sum of the interest on $ 350 for 12 days and the interest on $ 520 for 18 days both calculated at 14% APR.
So, the amount Sergei was charged in interest for the billing cycle is given by,
$ ( +
$ 5.2