I
icetea
Guest
How much would a $400 outstanding balance on your credit card cost based on the following terms and payment over 1 month period with 1 month late payment. (18% apr and $2o late fee)
1) The same $400 outstanding balance with an interest of $23 apr.
2) What is the difference in interest or fees.
i didnt get this in my economics class. Thanks a lot.
1) The same $400 outstanding balance with an interest of $23 apr.
2) What is the difference in interest or fees.
i didnt get this in my economics class. Thanks a lot.