You have two credit cards. one has a balance of $3,745.00 at a 6.25% apr and the other has a balance of $1,045.00 and is dependent upon your credit score. your score is 500. how much total interest is accrued in the first month? score < 500 500-650 651-750 751-800 rate (apr) 12.75% 10.25% 7.5% 5.75% $28.44 $24.51 $30.41 $26.04

The interest on both cards is $28.42 closest to $28.44.

Step-by-step explanation:

First card p = 3745

r = 6.25% or

Interest accrued in a month = dollars

Second card p =1045

Card score is 500 so rate = 10.25% or

Interest accrued = dollars

Hence, total interest on both cards = dollars, closest to $28.44

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i'm pretty sure the answer is a. decreases with increase in