Question

Heidi and her family took a vacation. Heidi placed the hotel room charge of $689 on her credit card. She paid the minimum of $20 a month for 49 months. At an interest rate of 18%, she paid $287. 90 in interest. How much did Heidi spend on the hotel room?

Answer 1

answer: Heidi spend on the hotel room is $976.90

explanation: Interest rate of her credit card = 18%

Heidi placed the hotel room charge = $689

Total interest paid by Heidi = $287.90

Total Charge of hotel room paid = 689 + 287.90 = $976.90

Heidi paid a minimum of $20 a month for 49 months = 49 × 20 = $980

4.3

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