asked 172k views
2 votes
bank card is charging 1.4 monthly interest on credit card changes. If you charge $175 pair of running shoes on the card and did not pay it off this month what would be the interest for the shoe charge?

asked
User Shadoe
by
8.3k points

1 Answer

3 votes
176.03 is the answer because A=P(+rt) P is the amount of money r is rate which is the interest and t is time which is the month
answered
User Vladislav Mitov
by
8.0k points
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