A customer sent in a $230 check to pay off an overdue bill but failed to pay the interest that accrued over the 45 days after the posted due date. The original balance owed was $230, and the account accrues interest at $0.42 per day. What amount of money should the customer have originally sent in to cover the total balance owed?
$ 18.90
$ 211.10
$ 248.90
$ 275.00
4 answers
I'll be glad to check your answer.
275 so it woulbb be the 230 plus the 45
No.
(0.42 * 45) + 230 = ?
(0.42 * 45) + 230 = ?
248.90