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Consider the following credit card activity for the month of September: Date/Balance: September 1 $0 September 8 $397 September 12 $1,099 September 20 $1,568 September
Consider the following credit card activity for the month of September:
Date/Balance:
September 1 $0
September 8 $397
September 12 $1,099
September 20 $1,568
September 25 $2,347
If this card's annual APR is 24.1% and the September balance is not paid during the grace period, how much interest is owed for September?
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