SOLUTION: 1.a customer charged $325 on his credit card. the credit card company charges an interest rate of 2% per month a) how much interest was he charged if he does not pay his bill at

Question 1013575: 1.a customer charged $325 on his credit card. the credit card company charges an interest rate of 2% per month
a) how much interest was he charged if he does not pay his bill at the end of the month?
b) at the start of the second month, the interest is added to the amount he charged. what is the new amount that he owes?
c)if he does not pay it off at the end of the month, the 2% interest is charged to the new balance and added to what he owes. what does he owe at the start of the third month?

Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!
a)
b)
c)
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