Open this link to read more about how credit card nterest works.
Use this information to calculate the cost of your
computer when paying only the minimum payment.
If you make only the minimum payment each month,
what will the total cost of the computer be?
O $600
$629
O $774
Cost of computer (balance): $600
Annual percentage rate (APR): 12.9%
Minimum Payments: 10
O $830
Use the simple interest formula:
A = (P)