16.8k views
5 votes
Mario has a remaining balance of $1,300 on his credit card. His credit card has an APR of 20 percent. How much will he

pay in interest in one month?
O $20.00
O $260
$21.67
$16.00

2 Answers

6 votes
16.00. Hhope this helps
User Cognitive Hazard
by
5.2k points
4 votes

Answer:

21.67

Step-by-step explanation:

$1.300 x 20%

= $260

Interest in one month =

$260 / 12

= $21,67

User Sebagomez
by
4.8k points