197k views
1 vote
Linda and Rob charged a $67.44 restaurant bill on their credit card. They gave the card to the waitress, who accidentally transposed two digits and charged them $76.44. They did not notice this until they received their statement later that month. Their card has an 18% APR.

They plan to pay their monthly statement amount in full, but they need to deduct the amount they were overcharged, plus the finance charge that was based on the incorrect amount. If the overcharged amount was on their statement for 18 of the 31-day billing cycle, how much should they deduct from this monthly statement, including the amount they were overcharged?

User Markmoxx
by
8.4k points

1 Answer

2 votes

Answer:

Explanation:

a

User DolceVita
by
8.0k points