Mathematics, 27.06.2019 04:00 hermesrobles
The opening balance of one of jennies 30-day billing cycles for her credit card was $1220, and it remained that amount for the first 10 days of her billing cycle. she then made a purchase for $470, increasing her balance to $1690, where it remained for the next 10 days. jennie then made a payment of $350, so her balance for the last 10 days of the cycle was $1340. the apr of jennies credit card is 33%, question 1: what is her periodic interest rate? question 2: how much was jennie charged in interest for the billing cycle?
Answers: 1
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The opening balance of one of jennies 30-day billing cycles for her credit card was $1220, and it re...
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