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Andy has a remaining balance of $315 on his credit card. His credit card company has an APR of 18 percent. How much will Andy pay in interest for one month? $4.73 $56.70 $15 $1.…

Andy has a remaining balance of $315 on his credit card. His credit card company has an APR of 18 percent. How much will Andy pay in interest for one month? $4.73 $56.70 $15 $1.…
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Andy has a remaining balance of $315 on his credit card. His credit card company has an APR of 18 percent. How much will Andy pay in interest for one month?

$4.73
$56.70
$15
$1.25

asked
User Sbkl
by
7.9k points

1 Answer

6 votes
$56.70 is the answer

Hope this helps!!
answered
User GregoryK
by
8.5k points
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