Samuel has a balance on his credit card of $766 if the APR on the credit card is 20-point 43% compounded monthly how much is he
charged in interest this month
1 answer:
To find the answer you would use this formula:
I = 766(0.2043)*(1/12)
So the answer of how much he is charged in interest for that month is:
$13.04
Hope this helps!
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Step-by-step explanation:
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