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If the total for this month's credit purchases is $550 at 24% annual interest, what is the total balance for the month after one month of interest accrues?
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3 votes
If the total for this month's credit purchases is $550 at 24% annual interest, what is the total balance for the month after one month of interest accrues?

User AdamO
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6.9k points

2 Answers

3 votes

Answer:

561

Step-by-step explanation:

Answer on knowledge matters

User Guy Dubrovski
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7.0k points
3 votes

Answer:

560

Step-by-step explanation:

Thats your answer.

User Akjoshi
by
7.3k points
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