What is the monthly interest payment for an account with a balance of $200.00 and an A. P.R. of 18%? A.$11.11
B.3.00
C.$16.67
D.$36.00

B.3.00

Explanation:

APR refers to the annual percentage of interest charged on credit.

If APR is 18%, the monthly interest payments will require obtaining a monthly rate.

The monthly rate = 18%/ 12 =1.5%

Monthly interest = p x r x t

where p=$200: r 1.5% or 0.015: t 1 month

=200 x0.015 x 1

=3

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

your welcome leave a rate and a < 3

answer; blank(1); /// whitelisting; blank(2); // blacklisting;