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Mario opens a store credit card when he purchases new carpeting. The interest rate is 20.45%. He charges $3,240 to the card, and can pay $1,150 per month. What will the total cost of his purchase be? $3,
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Mario opens a store credit card when he purchases new carpeting. The interest rate is 20.45%. He charges $3,240 to the card, and can pay $1,150 per month. What will the total cost of his purchase be?

$3,240.00
$3,349.36
$3,902.58
$4,289.36

User DwlRathod
by
6.7k points

1 Answer

5 votes
2 X $1150 + $1049.34 = $3,349.34

Total cost= $3,349.34
User Vanson Samuel
by
7.2k points
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