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2. Faith opens a credit card with an APR of 16.50% compounded monthly. How much is charged in interest this month if her balance is $1,050? (4 points) $173.25 $87.50 $16.50 $14.…

2. Faith opens a credit card with an APR of 16.50% compounded monthly. How much is charged in interest this month if her balance is $1,050? (4 points) $173.25 $87.50 $16.50 $14.…
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2. Faith opens a credit card with an APR of 16.50% compounded monthly. How much is charged in interest this month if her

balance is $1,050? (4 points)
$173.25
$87.50
$16.50
$14.44

asked
User Stefangachter
by
8.6k points

1 Answer

2 votes

Answer:

14.44 (Letter D)

Explanation:

The answer is 14.44

Hopefully its correct!!!

answered
User Shreyas Jadhav
by
9.0k points
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