SpenditAll Bank charges a monthly simple interest rate of 4% on any unpaid debts. At the start of March, Mr. Money used his credit card to purchase a new cell phone which cost R7 500. At the start of April, he purchased a portable speaker for an amount of R550.

3.1.

Calculate the interest that Mr. Money owes at the end of March

asked by guest
on Oct 18, 2024 at 11:47 pm



Mathbot Says...

I wasn't able to parse your question, but the HE.NET team is hard at work making me smarter.


+ Submit Question