Question: ( Q 6 b ) Brian has a very low credit score and has to pay the highest interest rate. He is not able to
Qb Brian has a very low credit score and has to pay the highest interest rate. He is not able to pay off his balance each month, so he pays interest. Calculate how much interest he would pay in a year if he maintained an average balance of $ each month. Enter your answer rounded to two decimal places.
tabletableAnnual PercentageRate APR forPurchasestable introductory APR for months from the date of accountopeningtableAfter that, your APR will be to based on yourcreditworthiness This APR will vary with the market based onthe Prime Rate.
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