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you have a balance of $4,500 on your credit card. the interest rate is 12% (1% per month). the late payment fee is $40. you miss a payment. what are your fees plus interest for the month? a)$40 b)$45 c)$65
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May 26, 2017
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you have a balance of $4,500 on your credit card. the interest rate is 12% (1% per month). the late payment fee is $40. you miss a payment. what are your fees plus interest for the month? a)$40 b)$45 c)$65 d)$85
Mathematics
high-school
Pradeep Rajkumar
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Pradeep Rajkumar
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Answer:
85
Explanation:
i took the test
Etang
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May 28, 2017
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Etang
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D 85 Dollars :)
1 of 4500=0.1
0.01 times 4500=45
You then add the fee's, in this case you have 1 late fee.
Then, Add them up.
45+40=85
So, therefore your answer is D, I hope this helps :)
SurToTheW
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May 30, 2017
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SurToTheW
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