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Ivan
4 years ago
10

Abraham's credit card has an APR of 13%, calculated on the previous monthly balance, and Abraham makes a payment of $50 every mo

nth. His credit card record for the last 7 months is shown in the table below. What were the finance charges in month 2?
Mathematics
2 answers:
il63 [147K]4 years ago
8 0
$0.44 just had this question on Apex Financial Literacy
rjkz [21]4 years ago
7 0
Aloha!
 The answer to you question: "<span>Abraham's credit card has an APR of 13%, calculated on the previous monthly balance, and Abraham makes a payment of $50 every month. His credit card record for the last 7 months is shown in the table below. What were the finance charges in month 2?" 
 Would be $0.44

 I hope this helps!:)

  Adios!:)</span>
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