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PLZ HELP 20 PIONTS

Lucia's credit card company calculates a finance charge based upon a periodic rate of 1.57% on all unpaid balances. If Lucia has an unpaid balance of $125.89, determine the finance charge that she will be assessed.
Round your answer to two decimal places.



$127.46

$124.32

$197.65

$1.98

User Flutura
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2 Answers

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1.98 dollars would be the answer
User Aaron Alton
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6 votes

Answer:

$1.98

Explanation:

125.89x0.0157=1.97 rounded to 1.98

User Corashina
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