Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Last month the average daily balance on Kaitlin's credit card was $1,646.69. If there were 30 days in that month, and her annual interest
Last month the average daily balance on Kaitlin's credit card was $1,646.69. If there were 30 days in that month, and her annual interest rate was 18.43 %, what is the amount of interest that she will pay on her credit card that month? Round your answer to the nearest penny. Do not input the dollar sign. Do not use a comma.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Essential University Physics
Authors: Richard Wolfson
2nd Edition
0321706692, 978-0321706690
