The amount that he owes after one year is 1792.09 dollars. Then the correct option is C.
The amount of something is expressed as if it is a part of the total which is a hundred. The ratio can be expressed as a fraction of 100. The word percent means per 100. It is represented by the symbol ‘%’.
Rodney owes $1,541.05 on his credit card.
His card has an APR of 16.29%, compounded monthly.
Assuming that he makes no payments and no purchases.
He owes after one year will be
Amount = 1541.05 × 1.1629
Amount = 1792.087 ≅ 1792.09
More about the percentage link is given below.
https://brainly.com/question/8011401