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24 December, 15:00

If your credit score is 750, how much will you pay in interest by the end of 1 month if you owe $2,375.00?

$31.17

$24.74

$18.31

$11.38,

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  1. 24 December, 18:23
    0
    The answer is $18.31. The answer would be the third option.

    The interest is 1/12

    Then 9.25% multiplied by the $2,375 balance

    (0.0925 * 2375) / 12 = 219.69

    = 219.69 / 12

    = $18.31
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