This is tricky because we are given the interest rate for the year but the problem is figureing the interest for 6 months or 1/2 year. We will have to double the difference before solving for the yearly interest.
572.60 - 560.00 = 12.60 interest added for 6 months x 2 = 25.20 for 12 months
(This problem assumes the interest will stay the same the next 6 months)
We need to find what percent 25.20 is to our original balance.
25.20/560 = x / 100
2520 = 560x
x = 4.5 percent interest
Check .045 x 560.00 = 25.20 interest in one year (or 12.60 in 6 months)
6.08*10^5
hope this helps u out :D
B. Full purpose credit card?
I feel like that makes sense.
Sin44 is the same as Cos46. Hope this helped.
