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You have a credit card with a balance of 1256.34 and a 9.5% apr a late payment fee of 29.00 is added to the principal if you pay after 5/28 you make a payment for $200 on 5/28 h…

You have a credit card with a balance of 1256.34 and a 9.5% apr a late payment fee of 29.00 is added to the principal if you pay after 5/28 you make a payment for $200 on 5/28 h…
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You have a credit card with a balance of 1256.34 and a 9.5% apr a late payment fee of 29.00 is added to the principal if you pay after 5/28 you make a payment for $200 on 5/28 how much interest did you pay ?

A. 100.35
B.8.36
C. 9.95
D. 119.35

asked
User Arihant Nahata
by
8.4k points

2 Answers

3 votes
C. 9.946025

enjoy hope this helps.
answered
User Jbarnett
by
8.7k points
5 votes
The answer is C. 9.946025 is the answer, but it's rounded up to 9.95.
answered
User Amadeu Antunes
by
8.5k points
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