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anna2894
23.06.2019 •
Mathematics
If a mechanic uses his credit card to pay for a compressor that costs $477.95 and does not pay on it until the second month, what will the 1.5% monthly interest charge be at the end of the first month? a. $7.17 b. $12.83 c. $15.43 d. $22.06
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Ответ:
A. $7.17
Step-by-step explanation:
Given: The cost of compressor P= $477.95
The monthly interest rate = 1.5 %
In decimal, the monthly interest rate r=0.015
Now, The charge be at the end of the first month is given by:-
Hence, the charge be at the end of the first month is $7.17.
Ответ:
I hope u understand ...