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Business, 09.02.2021 19:20 lalaboooobooo
Rodney owes $1,541.05 on his credit card. His card has an APR of 16.29%, compounded monthly. Assuming that he makes no payments and no purchases, how much will he owe after one year?
a.
$1,561.97
b.
$1,811.70
c.
$1,792.09
d.
$1,541.05
Please select the best answer from the choices provided
A
B
C
D
![ansver](/tpl/images/cats/User.png)
Answers: 3
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Rodney owes $1,541.05 on his credit card. His card has an APR of 16.29%, compounded monthly. Assumin...
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