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Mr. Fraser bought new shingles for his house for $2,900 using a credit card. His card has an interest rate of 12%. If he does not pay off his balance at the end of the month and has no other charges, how much money will he owe on his credit card at the end of the month?

Sagot :

Answer:

Hey! So the answer is $4,095

Step-by-step explanation:

Mr. Fraser will owe $4,095 at the end of the month.

3500 + 3500(0.17) = x

3500 + 595 = x

x = 4095

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