Mathematics, 15.10.2019 21:40 bighomie28

The beginning balance of a credit card account is $500. the monthly interest rate is 0.012. if a payment of $100 is made on the last day of the month, what is the ending balance?
a. $404.80
b. $406.00
c. $504.80
d. $506.00

Answers: 3

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More questions: Mathematics Another questions

The beginning balance of a credit card account is $500. the monthly interest rate is 0.012. if a payment of $100 is made on the last day of the month, what is the ending balance? a. $404.80 b. $406.00 c. $504.80 d. $506.00

Answers

Another question on Mathematics

The beginning balance of a credit card account is $500. the monthly interest rate is 0.012. if a payment of $100 is made on the last day of the month, what is the ending balance?
a. $404.80
b. $406.00
c. $504.80
d. $506.00