Business, 25.11.2021 14:30 israel8471
This table can be used to organize Gigi’s credit card balances and payments over 6 months. The annual percentage rate on the credit card is 14%. Gigi’s Credit Card Payments Month Balance Payment Interest Rate Interest Charged 1 $650 $300 0. 01167 $4. 08 2 $354. 08 $50 0. 01167 3 $307. 63 $50 0. 01167 4 $260. 64 $50 0. 01167 5 $213. 10 $50 0. 01167 6 $165 $50 0. 01167 What is the amount of interest charged for the first 6 months? $.
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This table can be used to organize Gigi’s credit card balances and payments over 6 months. The ann...
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