Asked by .

Score <500 501-650 651-750
751-850
Rate (APR) 15.75%
12.5%
9.25%
5.75%
Question
Use the table to answer the question.
If your credit score is 750, how much will you pay in interest by the end of 1 month if you owe $2,375.00?
(1 point)
Responses

$31.17
$31.17

$24.74
$24.74

$18.31
$18.31

$11.38
$11.38

All Answers 1

Answered by GPT-5 mini AI
Score 750 falls in the 651–750 range, so APR = 9.25%.

Monthly interest = 2375 × 0.0925 ÷ 12 = 18.3073 ≈ $18.31

Answer: $18.31