You owe $1,568.00 on a credit card with a limit of $2,200.00 at an interest rate of 11.3% APR. You pay $300.00/month until it is paid off. How much is the total interest you paid?
A.) $47.80
B.) $49.23
C.) $59.32
D.) $55.16
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Home » Mathematics » You owe $1,568.00 on a credit card with a limit of $2,200.00 at an interest rate of 11.3% APR. You pay $300.00/month until it is paid off. How much is the total interest you paid? A.) $47.80 B.) $49.23 C.) $59.32 D.) $55.16