This month, Mr. Adil’s five credit card bills are in the ratio of 3 : 4 : 7 : 5 : 6 and the total bill on all his credit cards is Rs 183,525. If he pays the minimum payment due (5% of the outstanding balance) every month, then how much does he pay towards the 2nd credit card (as per the order given in the ratio mentioned earlier) this month?

What is a common method to calculate the minimum payment on a credit card?*The interest accrued for the monthA combination of a percentage of the balance and a fixed dollar amountA fixed dollar amount plus interestA flat percentage of the balance

A charge account had a balance of $972 on May 5. A purchase of $223 was made on May 17, and a payment of $125 was made on May 20. The interest on the average daily balance is 1.6% per month. Find the finance charge on the June 5 bill. (Round your answer to the nearest cent.)

Mia received a credit card offer in the mail. The credit card has an annual percentage rate of 26%. What is the approximate monthly interest rate that will apply to any unpaid balances on this credit card? Assume 12 equal months.Select answer from the options below26.0%.13.0%.4.1%.2.17%.

How much amount will be paid to creditor for ₹ 25,000 if ₹ 5,000 of the creditors are not to bepaid and the remaining creditors agree to accept 5% less amount?(A) ₹ 18,750(B) ₹ 19,000(C) ₹19,750(D) ₹ 20,000

A man lent out Rs.7200 partly at 5% simple interest and the rest at 12% simple interest. The total interest earned after years was Rs.1440. Find the ratio of sums lent at 5% and 12% respectively.