Question

if the annual interest rate on your credit card is 29% how much interest will you pay monthly?

Answer 1

Answer:

10.75%

Step-by-step explanation:

100% (what you normally pay)

29% (interest)

100+29=129

129%

129% divided by 12 (12 months) = 10.75

Answer 2

i’m pretty sure it’s 10.75