Nicole used her credit card to buy a $1,255 mattress. Her credit card had an APR of 11.56%, compounded monthly, and the mattress was the only purchase on the card. Nicole paid off the mattress after two and a half years. If the sales tax in nicoles area is 9.08%, how much interest did Nicole pay in total?
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Home » Mathematics » Nicole used her credit card to buy a $1,255 mattress. Her credit card had an APR of 11.56%, compounded monthly, and the mattress was the only purchase on the card. Nicole paid off the mattress after two and a half years.