Question: Simple Interest How much interest will you have to pay for a credit card balance of $986 that is 1 month overdue, if a 21%

Simple Interest

How much interest will you have to pay for a credit card balance of $986 that is 1 month overdue, if a 21% annual rate is charged? You will have to pay $ in interest. (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer. Clear All All parts showing MAR 23 DD F9 C5 F6 E3 esc % a O 3 4 2

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