Respuesta :
Answer:
$7.04
Explanation:
As the annual percentage rate (APR) is 15%, you will have to divide this number by 12 to get the monthly rate:
15%/12= 1,25%
Now, you have to multiply the balance on the credit card for the monthly rate to get the amount that Manuel will have to pay in interest for one month:
$563*1,25%= $7.04
