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Your parents have a credit card with a balance of $2,748.56. The interest rate is...

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Calculus

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Your parents have a credit card with a balance of $2,748.56. The interest rate is 10.5% APR. A late payment fee of $40.00 is added to the principal if they pay after 6/1. They make a payment for $300.00 on 6/1. How much interest did they pay?$24.05$288.60$24.40$297.00

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Transcribed Image Text

Your parents have a credit card with a balance of $2,748.56. The interest rate is 10.5% APR. A late payment fee of $40.00 is added to the principal if they pay after 6/1. They make a payment for $300.00 on 6/1. How much interest did they pay?$24.05$288.60$24.40$297.00

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