Question

What is the total amount that Jerome has paid in interest over the 7 months?

Answer 1

Sum the finance charges
33.00
32.84
32.67
32.51
32.34
32.18

195.54 TOTAL
Answer is B

Answer 2

$195.54

B is correct

Explanation:

We are given a table of financial record of credit card over 7 months.

To find the total interest in 7 months.

Column for principle paid: This is amount to paid by Jerome's.

So, this won't be part of interest.

To add all the value of column "Financial Charge" from first month to 7 month.

Total interest = 0+33+32.84+32.67+32.51+32.34+32.18

= 195.54

Hence, The total interest paid by Jerome's in 7 months is $195.54