Ask Question
10 July, 05:53

Murray got a new credit card with an APR of 22% a month ago, and he just got his first credit card statement. He charged a watch for $47, a belt buckle for $19, and a pair of socks for $6. If his credit card charges interest on the previous monthly balance, how much should Murray pay now so that he doesn't have any interest charged to him on next month's statement?

+3
Answers (1)
  1. 10 July, 06:01
    0
    The answer would be $72 because 47+19+6 = 72, therefore he should pay $72 to bring his balance down to $0, that way he does not have to pay interest
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Murray got a new credit card with an APR of 22% a month ago, and he just got his first credit card statement. He charged a watch for $47, a ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers