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The balance on Taylor's credit card is $2000 it has an interest rate of 12.5% she wants to compare the difference between paying $75 and $100 of the monthly balance how muc…

The balance on Taylor's credit card is $2000 it has an interest rate of 12.5% she wants to compare the difference between paying $75 and $100 of the monthly balance how muc…
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The balance on Taylor's credit card is $2000 it has an interest rate of 12.5% she wants to compare the difference between paying $75 and $100 of the monthly balance how much does she save in interest and fees if she pays $100 instead of $75?

User Paul Beusterien
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1 Answer

3 votes

Answer:

$101

Explanation:

Check link explanation.

The balance on Taylor's credit card is $2000 it has an interest rate of 12.5% she-example-1
User Aspen
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