If a musician uses his credit card to pay for a new

Ответ:

Kemosdasavage

07.01.2022

$97.15.

Step-by-step explanation:

We have been given that a musician uses his credit card to pay for a new violin that costs 2,900 and does not pay on it until the second month. The credit card charges 3.35% monthly interest.

I=PrT , where,

$I=\text{Amount of interest}$ ,

$P=\text{Principal amount}$ ,

$r=\text{Interest rate in decimal form}$ ,

$T=\text{Time}$

Let us convert our given rate in decimal form.

$3.35\%=\frac{3.35}{100}=0.0335$

Upon substituting our given values in interest formula we will get,

I=2900*0.0335*1

I=2900*0.0335

I=97.15

Therefore, the monthly interest charge at the end of the 1st month will be $97.15.

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Ответ:

iicekingmann

19.05.2022

Mathematics

Correct answer is D

I hope that helped you out! :)

If it did please make this the brainliest answer!

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If a musician uses his credit card to pay for a new violin that costs 2,900 and does not pay on it until the second month what will the 3.35% monthly interest charge be at the end of the first month

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