Question

Becca opens a credit card with an APR of 22.99%. How much is charged in interest this month if her balance is $1750? $19.16 $22.99 $33.53 $402.33

Answer 1

As Becca's credit card balance is $1,750, and it has an APR of 22.99%, the interest this month is of $402.33.

Explanation:

To know the percent of a number, we have to multiply the number by the given percentage, and then divide the result by 100. So, in this question we have to do the following calculation:

1,750 x 22.99 / 100 = X

40,233 / 100 = X

402.33 = X

So, as we can see, $402.33 were charged in interests this month in Becca's credit card.