Question

A consumer charges a $46.92 purchase on a credit card. The card has a daily interest rate of 0.039%. If the consumer pays off the balance at the end of 30 days, how much in interest will be paid for the purchase?
a.
$0.06
b.
$0.18
c.
$0.55
d.
$5.49

Answer 1

After a series of calculations using the interest formula:

The best and most correct answer among the choices provided by your question is the second choice or letter B "$0.18."

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Answer 2

Answer:

The correct answer is C: $0.55 hope this helped

Step-by-step explanation: