Andrew has a balance of $6,000 on his credit card with an annual interest rate of 12%. to pay off the $6,000 in three years, andrew will have to make a minimum payment of $199.29 per month. how much will andrew pay in interest over the three year period? a) $988.20 b) $1,174.44 c) $1,871.94 d) $7,174.44

3 years is 36 months

36 * 199.29 =7174.44

this is the amount he pays in 3 years

payment - principal = interest

174.44-6000=1174.44

this is the amount of interest

Choice B

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