SOLUTION: Ashton maintains an average balance of $600 on his credit card which carries an annual interest
rate of 15%.
A) $7.50
B) $900
C) $90
D) $75
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-> SOLUTION: Ashton maintains an average balance of $600 on his credit card which carries an annual interest
rate of 15%.
A) $7.50
B) $900
C) $90
D) $75
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Question 1032594: Ashton maintains an average balance of $600 on his credit card which carries an annual interest
rate of 15%.
A) $7.50
B) $900
C) $90
D) $75 Answer by fractalier(6550) (Show Source):
You can put this solution on YOUR website! Not sure of the question, but if you wish to calculate his interest, it is merely 15% of $600, or $90, choice C.