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Mathematics, 21.03.2022 09:30 hannah2718
(TWO multiple choice Questions) Suppose you have a credit card with a 24.31% APR on purchases with an outstanding balance of $3,200. How much would you pay on the 30th day of the billing cycle?( The hint i was given for this was P=$3,200, r =24.31%, t = 1/365, n = 365
A. $3,264.56
B.$3,265.47
C.$3,211.18
Question 2 Suppose you have a credit card with a 24.31% APR on purchases. with an outstanding balance of $3,200. How much would you pay on the first day of the billing cycle? The hint i was given for this was( Hint: P=$3,200, r =24.31%, t = 30/365, n = 365
A.$3,200.00
B.$3202.13
C. $3,211.18
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