Table shows the expenses and payments for 8 months on a credit card act with an initial balance of $300.00. ...

profilelncagl

Table shows the expenses and payments for 8 months on a credit card act with an initial balance of $300.00.  Assume that the intersets is 6% (or .5%) APR and that interest for a given month is charged on the balance for the previous month.  Complete the tabl for 8 mos, what is the balance on the credit card?

    • 12 years ago
    • 5
    Answer(0)