February 28, 2017

Homework Help: math

Posted by Anonymous on Thursday, November 8, 2012 at 2:57pm.

Suppose you have a $1,000 charge on a credit card charging 1% monthly interest using the adjusted balance method. The minimum payment due in May is $50. How much will you save in interest charges in June by paying $100 instead?
$ 1

Answer This Question

First Name:
School Subject:

Related Questions

More Related Questions