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Bank Card is charging 1.7% monthly interest on credit card charges. If you charged a $175 pair of running shoes on the card and did not pay it off this month, what would be the interest for the shoe charge?
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Bank Card is charging 1.7% monthly interest on credit card charges. If you charged a $175 pair of running shoes on the card and did not pay it off this month, what would be the interest for the shoe charge?

$298

$5.96

$2.98

$23.84

User Snesticle
by
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2 Answers

1 vote

Answer:

The answer is 2.98

Explanation:

I just took the quiz.

User Domagojk
by
8.2k points
5 votes
The interest would be $2.98. You can find this by multiplying $175 by 1.7%. Hope this helps, have a nice day :)
User Brad Sanders
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7.7k points
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