Register

Jeremiah has a previous balance of $594 on a credit card with a 12.7% APR compounded monthly. If he made a payment of $25 this month, what is the new balance on his credit card?…

Jeremiah has a previous balance of $594 on a credit card with a 12.7% APR compounded monthly. If he made a payment of $25 this month, what is the new balance on his credit card?…
asked 147k views
2 votes
Jeremiah has a previous balance of $594 on a credit card with a 12.7% APR compounded monthly. If he made a payment of $25 this month, what is the new balance on his credit card?

A) $575.29
B) $644.44
C) $569.00
D) $669.44

asked
User NANNAV
by
8.2k points

2 Answers

1 vote

Answer:

the answer is A.575.29

Explanation:

answered
User Pradeep Rajkumar
by
7.6k points
5 votes
You can calculate here and then subtract 25 I got $575.29 but see what you get.
answered
User Matteo Collina
by
7.6k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!