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14 September, 17:21

Andy has a remaining balance of $845 on his credit card. his credit card company has an apr of 18 percent. how much will andy pay in interest for one month?

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  1. 14 September, 17:44
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    Ok if the apr is 18 percent and there is 12 months in a year the monthly interest rate would be 1.5%.

    1.5% of 845 is 12.675
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