For a year you owe 1600 on a credit card you pay 19% interest a year how much are you paying
2 answers:
Step-by-step explanation:
Simple interest = Principle * time * rate of interest
= 1600 * 1 * 19%
= 1600 * (19/100)
= 304
Total amount of debt
= 1600 + 304
= 1904
Answer:
1296
Step-by-step explanation:
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