Math

posted by .

An invoice states that interest will be charged on overdue accounts at the rate of 1% per month. What will the interest charges be on a $3760 billing that is three months overdue?

  • Math -

    3760 * 0.01 * 3 = ?

  • Math -

    112.0

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Math

    In Mathematics: how much interest will you have to pay for a credit card balance of $554 that is one month overdue if a 20% annual rate is charged?
  2. Maths

    Frosni receieved her credit card statement, which showed she owed $5850. Interest is charged at 19.5%pa on overdue balances. She paid 15% of this amount by the due date, How much interest is charged if she pays the remainder 20 days …
  3. Maths

    A television set is on sale for $780 cash, or 25% deposit and $85 per month for 8 months. How much can be saved by paying cash?
  4. business math

    carol miller went to europe and forgot to pay her 4740 mortgage payment on her new hampshire house,. for her 59 days overdue on her paymen. the bank charged her a penalty of $15 assume 360 days. what was the rate of interest charged …
  5. math

    how much interest will you have to pay for a credit card balance of $554 that is 1 month overdue, if a 20% annual rate is charged?
  6. math

    A video store charges $2.75 per day for overdue videos. You owe a late fee of $13.75. How many days overdue is the video?
  7. Business Math

    Carol Miller went to Europe and forgot to pay her $740 mortgage payment on her New Hampshire ski house. For her 59 days overdue on her payment, the bank charged her a penalty of $15. What was the rate of interest charged by the bank?
  8. business mat

    Carol Miller went to Europe and forgot to pay her $740 mortgage payment on her New Hampshire ski house. For her 59 days overdue on her payment, the bank charged her a penalty of $15. What was the rate of interest charged by the bank?
  9. Math

    I take out a loan for $10,000.00 and the interest rate is 6.3% APR. If I pay this loan back at $300.00 per month, how much interest will I be charged on top of this per month for the first 3 months?
  10. math

    If the time in months and the rate of interest per month are in the ratio 4 : 1, and the interest 16% of the principal, then what is the rate of interest?

More Similar Questions