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Manuel has a remaining balance of $563 on his credit card. His credit card company has an APR of 15 percent. How much will Manuel pay in interest for one month? $7.04 $84.50 $15 …

Manuel has a remaining balance of $563 on his credit card. His credit card company has an APR of 15 percent. How much will Manuel pay in interest for one month? $7.04 $84.50 $15 …
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Manuel has a remaining balance of $563 on his credit card. His credit card company has an APR of 15 percent. How much will Manuel pay in interest for one month?

$7.04
$84.50
$15
$1.25

User Shoen
by
8.7k points

1 Answer

4 votes
563*.15=84.50
$84.50 is your answer.
User Yong Shun
by
8.1k points
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