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9 February, 18:35

Jerome's credit card has an APR of 18%, calculated on the previous monthly balance, and a minimum payment of 2%, starting the month after the first purchase. His credit card record for the last 7 months is shown in the table below. What is the total amount that Jerome has paid in interest over the 7 months?

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Answers (2)
  1. 9 February, 18:50
    0
    The answer is 195.54
  2. 9 February, 21:57
    0
    The answer is 195.54
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