Question

Bank Card is charging 1.7% monthly interest on credit card charges. If you charged a $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?

$298

$5.96

$2.98

$23.84

Answer 1

The answer is 2.98

Explanation:

I just took the quiz.

Answer 2

The interest would be $2.98. You can find this by multiplying $175 by 1.7%. Hope this helps, have a nice day :)