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A bank charges a 3% interest fee on any loan balance not paid at the end of the month. Lexi has a loan balance of 570 in October. If she doesn’t make a payment for three months …

A bank charges a 3% interest fee on any loan balance not paid at the end of the month. Lexi has a loan balance of 570 in October. If she doesn’t make a payment for three months …
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4 votes
A bank charges a 3% interest fee on any loan balance not paid at the end of the month. Lexi has a loan balance of 570 in October. If she doesn’t make a payment for three months October November and December what will be her balance at the end of December.

asked
User Micka
by
7.6k points

1 Answer

6 votes

Answer:

622.85

Explanation:

587.10 month 1 604.71 month 2 622.85 month 3

answered
User Anuj Jindal
by
7.9k points
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