Carmel owes $2902.40 on her bankcard.(adsbygoogle = window.adsbygoogle || []).push({});

(a) If the interest rate is 15.5%, how much interest will she pay per year?

(b) Interest is calculated dail at 0.04246% and charged monthly. How much will Carmel pay for a 30day month?

(c)If she pays $500 off her bankcard bill on 15th July, how much interest will she pay for this month?

I've figured out a, b.

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# Homework Help: Homework Need Help

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