Question

A customer sent in a $230 check to pay off an overdue bill but failed to pay the interest that accrued over the 45 days after the posted due date. The original balance owed was $230, and the account accrues interest at $0.42 per day. What amount of money should the customer have originally sent in to cover the total balance owed?

Answer 1

$230+($45x$0.42=248.90

That is the equation to solve it.