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A credit card company charges a 19% interest fee on any charges not paid at the end of the month. If the bill totals $330 for this month, how much interest would have to be paid on the balance?
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Dec 20, 2017
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A credit card company charges a 19% interest fee on any charges not paid at the end of the month. If the bill totals $330 for this month, how much interest would have to be paid on the balance?
Mathematics
middle-school
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$330÷19%=$12.11 (rounded to nearest hundredth)
$330+$12.11=$342.11
Amount that would be owed is $342.11
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Dec 25, 2017
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