Guys, I have a problem in solving an interest question
it basically is: The balance on a credit card is $2563.75 . If the full balance is not paid by the due date, one month's interest will be added at a rate of 18% p.a.
Calculate the amount of interest that will be added to the credit card.
Thanks for all the helpers! :3
it basically is: The balance on a credit card is $2563.75 . If the full balance is not paid by the due date, one month's interest will be added at a rate of 18% p.a.
Calculate the amount of interest that will be added to the credit card.
Thanks for all the helpers! :3