Nicole used her credit card to buy a $1,255 mattress. Her credit card has an APR of 11.56%, compounded monthly, and the mattress

Question

3 years ago

7

Nicole used her credit card to buy a $1,255 mattress. Her credit card has an APR of 11.56%, compounded monthly, and the mattress

was the only purchase on the card. Nicole paid off the mattress after two and a half years. If the sales tax in Nicole’s area is 9.08%, how much interest did Nicole pay in total? (Round all dollar values to the nearest cent.)

Mathematics

1 answer:

Natali5045456 [20] · Answer 1 · 2022-02-01T10:21:19+03:00

Natali5045456 [20]3 years ago

4 0

12.34 dollars cause 9.08%is 100%