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You have a $ 2 , 1 5 0 balance on your 1 5 % credit card. You have lost your job and been unemployed

You have a $2,150 balance on your 15% credit card. You have lost your job and been unemployed for 6 months. You have been unable to make any payments on your balance. However, you received a tax refund and want to pay off the credit card.
How much will you owe on the credit card if you have not made a payment for 6 months?
Note: Round your answers to the nearest cent.
How much interest will have accrued?
Note: Round your answer to the nearest cent.
What will be the effective rate of interest after the 6 months?You have a $2,150 balance on your 15% credit card. You have lost your job and been unemployed for 6 months. You have been unable
to make any payments on your balance. However, you received a tax refund and want to pay off the credit card.
a. How much will you owe on the credit card if you have not made a payment for 6 months?
Note: Round your answers to the nearest cent.
b. How much interest will have accrued?
Note: Round your answer to the nearest cent.
Interest accrued
c. What will be the effective rate of interest after the 6 months?
Note: Round your answer to the nearest hundredth percent.
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