Joseph received a new credit card in the mail, and his first purchase was a new pair of sneakers for $115. Joseph's credit card has a 1% introductory APR, a late fee of $29, and an annual membership fee of $0. How much will Joseph have to pay to have a $0 balance on his credit card, if he makes his payment before the end of the grace period?
$116.15
$115
113.85
$144
+3
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Home » Mathematics » Joseph received a new credit card in the mail, and his first purchase was a new pair of sneakers for $115. Joseph's credit card has a 1% introductory APR, a late fee of $29, and an annual membership fee of $0.