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Jill paid for a $1,200 vacation by using a credit card with an 18% interest rate. In order to pay the card off in 12 months, Jill will need to make payments of $110.02 each month. Calculate the total cost
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Jul 6, 2021
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Jill paid for a $1,200 vacation by using a credit
card with an 18% interest rate. In order to pay
the card off in 12 months, Jill will need to make
payments of $110.02 each month. Calculate the
total cost of repayment as well as the amount of
interest Jill will pay.
Mathematics
college
James Harrington
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Answer:$1,416
Step-by-step explanation: you add 18% of 1,200 to 1,200
Conrad Parker
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Jul 12, 2021
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Conrad Parker
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