The credit card company charges 1.5% (0.015) interest onthe unpaid balance each month

Saxon Math, Course 1 | 1st Edition | ISBN: 9781591417835 | Authors: Stephan Hake

ISBN: 9781591417835 476

Solution for problem 8 Chapter 86

Saxon Math, Course 1 | 1st Edition

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Problem 8

The credit card company charges 1.5% (0.015) interest onthe unpaid balance each month. If Mr. Jones has an unpaid balance of$2000, how much interest does he need to pay this month?

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