jerome's credit card has an apr of 18

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04062021 Mathematics College answered Jeromes credit card has an APR of 18 calculated on the previous monthly balance and a minimum payment of 2 starting the month after the first purchase.

. His credit card record for the last 7 months is shown in the table below. Other cards with long-term no-interest periods include the Citi Double Cash Card which offers a 0 percent APR for 18 months and a variable APR of 1499 percent to 2499 percent. Jeromes credit card has an APR of 18 calculated on the previous monthly balance and a minimum payment of 2 starting the month after the first purchase.

How much of your payment will apply to the cashminusadvance balance. Since the interest is compounded monthly what is your Effective Annual Rate. Our Experts Found the Best Credit Card Offers For You.

End of month 2 3 4 5 6 7 Previous balance 5000 220000 218900 217806. A 2499 APR is reasonable but not ideal for credit cards. Its far from the lowest rate you can get though.

End of month Previous balance 000 220000 218900 217806 2167 16 215633 214555 Now charges 220000 000. View the full answer. 5589 posts read 5909352 times.

Learn More Apply Today. Jerome has three major credit cards and makes payments on them each month. Ad Our Experts Selected the Best Cards to Enjoy Interest Free Payments Until 2024.

Macys Home Furnishing offers better quality IMHO has sales and you can get a discount if you open a credit card account with them. Ad Explore Credit Card Options and Apply for Competitive Rates and FeesGet Started Today. The interest rate on the card is 12 he intends to pay off the card in.

A 2499 APR is decent for personal loans. Susan is very conservative and has all of her savings 12000 in a NOW account at her local bank. Bank Visa Platinum Card carries a 0 percent APR offer for 18 billing cycles along with a variable APR of 1424 to 2524 percent.

Your daily rate would be 0041 15 divided by 365. 100 1 rating We calculate the effective annual rate b. 100 statement credit online bonus after making at least 1000 in purchases in the first 90 days of account opening.

2499 Is NOT a Good APR For. See Credit Card Benefits and Find the Best Card Offer for You. The jeromes-credit-card-has-an-apr-of-18-calculated-on-the-previous-monthly-balance-and-a-minimum-payment-of-2-starting-the-month have 2012-05-21 1515.

His credit card record for the last 7 months is shown in the table. Jeromes credit card has an apr of 18 calculated on the previous monthly balance and a minimum payment of 2 starting the month after the first purchase. Get a Card with 0 APR Until 2024.

Business Finance QA Library Mr. Jerome has an outstanding balance of 12000 on his credit card. The average APR on a credit card is 1832.

18 1956 27 1920. For example lets say you have a credit card with an APR of 15. If the balance on your card today is 200 todays daily interest charge would be 008 200 multiplied by 0041.

Susan works in a clerical position has two credit cards and maintains two bank accounts. TextThe company paid 1900 cash for the premium on an 18-month insurance policy text22 textThe company received 7700 cash as. You just got your first credit card and you are paying 18 APR.

Get Jeromes Credit Card Has An Apr Of 18 Calculated On The Previous Monthly Balance And A Minimum Payment Of 2 Starting The Month MP3 Free Of Charge in Zai Airlinemeals uploaded by HUDchannel. Your credit card has an APR of 12 percent. 0 Introductory APR for 18 billing cycles for purchases and for any balance.

What is the total amount that Jerome has paid in interest over the 7 months. Personal loan APRs tend to range from around 4 to 36. One of her credit cards has a balance of 550 and has an APR of 23.

His credit card record for the last 7 months is shown in the table below. His credit card record for the last 7 months is shown in the table below. Susan has been making monthly minimum payments on the credit card.

Jeromes credit card has an APR of 18 calculated on the previous monthly balance and a minimum payment of 2 starting the month after the first purchase.

Financing Synchrony Jerome S Furniture