Mathematics, 15.12.2020 21:40, aweid3085

You have two credit cards. One has a balance of $3,745.00 at a 6.25% APR and the other has a balance of $1,045.00 and is dependent upon your credit score. Your score is 500. How much total interest is accrued in the first month? Score

<500

500-650

651-750

751-850

Rate (APR)

12.75%

10.25%

7.5%

5.75%

A. $24.51
B. $26.04
C. $28.44
D. $30.41

Answers: 1

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You have two credit cards. One has a balance of $3,745.00 at a 6.25% APR and the other has a balance...