Mathematics, 15.12.2020 21:40 aweid3085
You have two credit cards. One has a balance of $3,745.00 at a 6.25% APR and the other has a balance of $1,045.00 and is dependent upon your credit score. Your score is 500. How much total interest is accrued in the first month?
Score
<500
500-650
651-750
751-850
Rate (APR)
12.75%
10.25%
7.5%
5.75%
A. $24.51
B. $26.04
C. $28.44
D. $30.41
Answers: 1
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