Mathematics, 08.11.2019 20:31 kfull7053

jeremy didn't pay his previous month's credit card bill in full. this month's bill shows a finance charge of $85.50. jeremy calculates the average daily balance in the new bill to be $5,343.75 what is the monthly pentage rate on the card?
a 1.6%
b. 1.92%
c 16%
d. 19.2%

Answers: 2

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More questions: Mathematics Another questions

jeremy didn't pay his previous month's credit card bill in full. this month's bill shows a finance charge of $85.50. jeremy calculates the average daily balance in the new bill to be $5,343.75 what is the monthly pentage rate on the card? a 1.6% b. 1.92% c 16% d. 19.2%

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Another question on Mathematics

jeremy didn't pay his previous month's credit card bill in full. this month's bill shows a finance charge of $85.50. jeremy calculates the average daily balance in the new bill to be $5,343.75 what is the monthly pentage rate on the card?
a 1.6%
b. 1.92%
c 16%
d. 19.2%