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Nick recently maxxed out his credit card on a trip to the Hunter Valley. He spent $10,750 and will be off the entirety of the
Nick recently maxxed out his credit card on a trip to the Hunter Valley. He spent $10,750 and will be off the entirety of the balance through a single payment 5 weeks from now. Assuming the interest rate is 32% p.a. compounding weekly. How much interest will Nick pay?
a) $334.87
b) $282.44
c) $323.55
d) $308.55
e) $312.31
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