73.3k views
3 votes
Andy has a remaining balance of $845 on his credit card. His credit card company has an APR of 18 percent. How much will Andy pay in interest for one month?

$12.68
$152.10
$15
$1.25

User Nadu
by
8.0k points

2 Answers

5 votes

Answer:

12.68

Step-by-step explanation:

User Huzefam
by
8.4k points
6 votes
Hey there,

Your question states: Andy has a remaining balance of $845 on his credit card. His credit card company has an APR of 18 percent. How much will Andy pay in interest for one month?

1.5% of 845 is 12.675

So by round this above, your correct answer would be 12.68

Hope this helps
User Hartley Brody
by
8.2k points
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