Kizspy | Question: 32 (Choose 1 answer)
Edward charged $1,500 worth of laptop one years ago on MasterCharge which has an interest rate of 8%compounded monthly. He made 12 regular monthly payments of $80 at the end of each month, and refrained from using the card for the past year. How much does he still owe?
A. $628.51
B. $995.99
C. $1.518.17
D. $1,540.00