IDNLearn.com connects you with a community of experts ready to answer your questions. Ask your questions and receive reliable and comprehensive answers from our dedicated community of professionals.
Mo has a credit card that gives a 3% discount on every purchase. The annual percentage rate on the card is 12%. He is purchasing an electronic reader for $140. Check all that apply. If Mo uses the credit card and pays the full balance during the billing cycle, the cost of the purchase will be $140. If Mo pays cash, the cost of the purchase will be $140. If Mo uses the credit card and pays off the balance at $30 a month for 7 months with no late fees, the cost of the purchase will be $143. 34. If Mo pays cash, the cost of the purchase will be $135. 80. If Mo uses the credit card and pays off the balance at $20 a month for 7 months with no late fees, the cost of the purchase will be $139. 89. If Mo uses the credit card and pays the full balance during the billing cycle, the cost of the purchase will be $135. 80.
The answers are: -If Mo pays cash, the cost of the purchase will be $140. -If Mo uses the credit card and pays off the balance at $20 a month for 7 months with no late fees, the cost of the purchase will be $139.89. -If Mo uses the credit card and pays the full balance during the billing cycle, the cost of the purchase will be $135.88.
Your participation means a lot to us. Keep sharing information and solutions. This community grows thanks to the amazing contributions from members like you. Thank you for choosing IDNLearn.com. We’re committed to providing accurate answers, so visit us again soon.
