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My question is below. PLEASE HELP ASAP!!! THANKS ;)

My question is below. PLEASE HELP ASAP!!! THANKS ;)
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5 votes
My question is below. PLEASE HELP ASAP!!! THANKS ;)

My question is below. PLEASE HELP ASAP!!! THANKS ;)-example-1
asked
User Basketballnewbie
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1 Answer

7 votes

It is the amount of interest paid on the unpaid balance. Its the fee you're charged for financing the debt.

answered
User Boris Strandjev
by
9.1k points
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