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You have maxed out your $800 credit card from Utopian One Bank. The interest on the card is 21%. Find the interest and the final cost you pay on this bill. (Hint this problem is computed like sales tax)

User Coffeina
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1 Answer

4 votes

Given the question

$800 dollars

21% interest

Caclulate the question how you would calculate the sales tax.

B1 = 800 dollars

B2 = the final cost


(21*800)/(100)=168

Interest rate = 168

800 + 168 = 968

968 is the final cost.

Interest rate = $168

Final cost = $968

User Erwinheiser
by
8.3k points

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