Thomas charged $2,400 on his credit card to buy furniture. The interest rate charged by the credit card company is 24.9%. How much will he pay in interest after one month?

Question

curledsun6062oydqp3 curledsun6062oydqp3

25-10-2017
Mathematics

contestada

Thomas charged $2,400 on his credit card to buy furniture. The interest rate charged by the credit card company is 24.9%. How much will he pay in interest after one month?

Respuesta :

Otras preguntas

The role of media on reporting human rights violation

Compared to mitosis, meiosis results in greater... A)amount of cell cytoplasm per cell B)number of daughter cells per cell C)amount of genetic material per cell

Factor polynomial: 5x^2+21x+4=0

which of the following expressions is equal to 1? a. 5^0 x 6^-3 x 6^3 x 5^1 b. 5^2 x 6^-2 x 6^3 x 5^-3 c. 5^2 x 5^-2 x 6^0 x 6^2 d. 5^-1 x 6^5 x 6^-5 x 5

What domain did sues rule?

How many cm has a inch

find three acids and three bases used in your home. 1) what are theses acids and bases used for? 2)look up the chemical name and chemical formula of each acid a

Convert 2x - 3y + 1 = 0 to slope-intercept form

Joe has eaten of a pizza. Jane has eaten of a pizza How many times more pizza has Joe eaten than Jane?

what does hafa adai mean in guamanian

brandonhoffmanoycm61 brandonhoffmanoycm61 · Answer 1 · 2017-10-25T15:05:24+02:00

i=prt
Interest = principal X rate X time
You are asking for interest so lets fill in all the variables.

i=2400X.249X(1/12)
I used .249 for rate because you convert the interest rate to a decimal.
I used 1/12 for time because you only need 1 month and time is based off of a year. For example, if you wanted to know how much interest after 3 months you would use (3/12)
Now solve.
i=2400X.249X.0833333
i=49.80
Your interest after one month is $49.80