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miv72 [106K]
2 years ago
12

For a year you owe 1600 on a credit card you pay 19% interest a year how much are you paying

Mathematics
2 answers:
Aloiza [94]2 years ago
6 0

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

Katarina [22]2 years ago
5 0

Answer:

1296

Step-by-step explanation:

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