Mr. Kwok will go to Hawaii for a vacation this Christmas. He has no money and must charge his entire trip on hi credit card. Calculate what is the total payable by the end of January 2023 if his trip costs $8888.88. Interest rate is compounded daily
Date | Charges | Interest Rate | Interest Charges | Total |
January 1, 2023 | $8888.88 | 2.75% | ||
January 31, 2023 |
Answer: $20610.27
No comments:
Post a Comment