Dave charges up to the credit limit of $6,000 each month. The minimum payment is $150. What is the interest charge for the unpaid balance at 18% per year?

A.) $150.00

B.) $60.00

C.) $67.75

D.) $87.75

Question

Mathematics

Sariah Mcknight

2 May, 04:06

Dave charges up to the credit limit of $6,000 each month. The minimum payment is $150. What is the interest charge for the unpaid balance at 18% per year?

A.) $150.00

B.) $60.00

C.) $67.75

D.) $87.75

+3

Answers (1)

Know the Answer?

Helena · Answer 1

For the answer to the question above, I believe the answer is $ 88

for the interest charge for the unpaid balance at 18% per year.

This is an easy math. You can also answer the closest to my answer which is

D.) $87.75

Dave charges up to the credit limit of $6,000 each month. The minimum payment is $150. What is the interest charge for the unpaid balance at 18% per year?A.) $150.00B.) $60.00C.) $67.75D.) $87.75

Dave charges up to the credit limit of $6,000 each month. The minimum payment is $150. What is the interest charge for the unpaid balance at 18% per year?

A.) $150.00

B.) $60.00

C.) $67.75

D.) $87.75