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1 vote
Manuel has a remaining balance of $563 on his credit card. His credit card company has an APR of 15 percent. How much will Manuel pay in interest for one month?

2 Answers

3 votes

Answer:

84.50

Step-by-step explanation:

100 : 563 = 15 : x

100x = 8445

x = 84.45

Manuel will pay $84.45 in interest for one month. plus tax 84.50

User Ajmal Hasan
by
7.6k points
3 votes
100 : 563 = 15 : x
100x = 8445
x = 84.45
Manuel will pay $84.45 in interest for one month.
User Satomacoto
by
8.3k points