Question 21 Mac's credit card statement included $1843.00 in cash advances and $42.94 in interest charges. The simple interest rate on the statement was 11% per annum. For how many days was the interest charged? (Round up the final answer to the nearest day as needed)

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter9: Sequences, Probability And Counting Theory
Section9.4: Series And Their Notations
Problem 56SE: To get the best loan rates available, the Riches want to save enough money to place 20% down on a...
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Question 21
Mac's credit card statement included $1843.00 in cash advances and $42.94 in
interest charges. The simple interest rate on the statement was 115% per annum.
For how many days was the interest charged? (Round up the final answer to the
nearest day as needed)
Transcribed Image Text:Question 21 Mac's credit card statement included $1843.00 in cash advances and $42.94 in interest charges. The simple interest rate on the statement was 115% per annum. For how many days was the interest charged? (Round up the final answer to the nearest day as needed)
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