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anonymous

  • one year ago

You owe $976.34 on a credit that has an interest rate of 10.75 percent apr you $ 100.00 at the end of each month. #3 Calculate the difference between the the interest accrued by a $974.34 balance on the credit card and what $100.00 would earn in a saving account that has an interest rate of 2.75 prevent April over the span of one month

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  1. anonymous
    • one year ago
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    #4How much is paid toward the credit card principal at the end of the first month

  2. anonymous
    • one year ago
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    idk this one sorry

  3. anonymous
    • one year ago
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    for #4) I think 976.34 * (0.1075/12) = 8.7464 100.00 * (0.0275/12) = 0.2292

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