Benjamin's credit card has an APR of 19%, calculated on the previous monthly balance, and a minimum payment of 2%, starting the

Question

2 years ago

9

Benjamin's credit card has an APR of 19%, calculated on the previous monthly balance, and a minimum payment of 2%, starting the

month after the first purchase. His credit card record for the last 7 months is shown in the table below.
What is the total amount that Benjamin has made in payments over the 7 months?
A. $225.64
B. $59.38
C. $47.01
D. $285.02

Mathematics

2 answers:

Aloiza [94] · Answer 1 · 2022-08-16T03:42:30+03:00

Aloiza [94]2 years ago

6 0

Answer:

the apex answer is 285.02

Step-by-step explanation:

navik [9.2K] · Answer 2 · 2022-08-16T01:59:02+03:00

navik [9.2K]2 years ago

3 0

Total amount in payments = 48 + 47.80 + 47.60 + 47.40 + 47.20 + 47.01 = 285.01

Option D is the right answer.