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Business, 02.07.2019 02:00 slimgemmx

This table can be used to organize gigi’s credit card balances and payments over 6 months. the annual percentage rate on the credit card is 14%. gigi’s credit card payments month balance payment interest rate interest charged 1 $650 $300 0.01167 $4.08 2 $354.08 $50 0.01167 3 $307.63 $50 0.01167 4 $260.64 $50 0.01167 5 $213.10 $50 0.01167 6 $165 $50 0.01167 what is the amount of interest charged for the first 6 months?

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