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Harry's Carpet company is offering a special promotion. Interest charges are added to the balance eachmonth, becoming part of the balance for the next month.

Harry's Carpet company is offering a special promotion. Interest charges are added to the balance eachmonth, becoming part of the balance for the next month. If you pay off the original purchase within 3months, all interest charges are cancelled. Suppose your original purchase is $ 3000

$3000 and the monthly interest rate is1.1%. If you pay off the account one daylate, what is the total interestpaid, ignoring the lastday's interest

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