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Philip has an average daily balance on his credit card of $107.50. His credit card charges 8.99% annual interest. What will his monthly finance charge be? $9.66 $8.99 $0.75 $0.8…

Philip has an average daily balance on his credit card of $107.50. His credit card charges 8.99% annual interest. What will his monthly finance charge be? $9.66 $8.99 $0.75 $0.8…
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1 vote
Philip has an average daily balance on his credit card of $107.50. His credit card charges 8.99% annual interest. What will his monthly finance

charge be?
$9.66
$8.99
$0.75
$0.81

asked
User Rahatur
by
7.6k points

1 Answer

4 votes

Answer: 9.66

Explanation:

answered
User Aaragon
by
8.0k points
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