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If a florist uses her credit card to pay for a new window display that costs $1,242 and does not pay it on until the Second month, what will the 1.25% monthly interest charge be at the end of the first
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If a florist uses her credit card to pay for a new window display that costs $1,242 and does not pay it on until the Second month, what will the 1.25% monthly interest charge be at the end of the first month?

A.$12.83

B.15.53

C.16.00

D.$17.17

User Philipp Andreychev
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2 votes

Answer:

$15.53

Explanation:

Please refer to the attached image for explanations

If a florist uses her credit card to pay for a new window display that costs $1,242 and-example-1
User Jaycal
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