II. Solve the following problems involving credit cards. Round your answers to the nearest hundredth. 12. If the APR on a credit card is 22.2%, what is the monthly interest rate? 13. The average daily balance for Dave's last credit card statement was $1,213.44, and he had to pay a finance charge. The APR is 20.4%. a) What is the monthly interest rate? b) What is the finance charge for the month?

If you are trying to build credit by using a credit card, each time you make a purchase with the credit card, deduct that amount from your checking account. That way, when your credit card bill is due, you will have enough to pay the credit card off in full. Kathy Lehner is going to start doing this. She plans on paying her credit card bill in full this month. How much does she owe with a 9% APR and the following transactions? (Round your answer to the nearest cent.) 31-day billing cycle 10/1 Previous balance 10/3 Credit 10/12 Charge: King Soopers 10/15 Payment 10/25 Charge: Delta 10/30 Charge: Holiday Fun Amount owed $84 cr. $143 $260 cr. $316 $56 Check my $ 1,159

narubhai

I need help please