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 th

Question

3 years ago

15

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 th

e 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

Mathematics

2 answers:

Andrej [43] · Answer 1 · 2021-11-27T08:02:23+03:00

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."

I hope my answer has come to your help. Thank you for posting your question here in Brainly. We hope to answer more of your questions and inquiries soon. Have a nice day ahead!

IceJOKER [234] · Answer 2 · 2021-11-27T09:18:05+03:00

IceJOKER [234]3 years ago

4 0

Answer:

The correct answer is C: $0.55 hope this helped

Step-by-step explanation: