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Assume that Visa charges Francesca 1.6% per month on her unpaid balance. Find the interest owed to Visa when her unpaid balance for the month is $1,250

Assume that Visa charges Francesca 1.6% per month on her unpaid balance. Find the interest owed to Visa when her unpaid balance for the month is $1,250
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Assume that Visa charges Francesca 1.6% per month on her unpaid balance. Find the interest owed to Visa when her unpaid balance for the month is $1,250

User Exoon
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1 Answer

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Find the percent (1.6) of the unpaid balance (1250)

1250 x .016 = 20

Add the answer (20) to the unpaid balance (1250)

Answer is $1270
User George Bergman
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