The total amount he owes is $483 if Jose’s credit card statement says that he owes $324.
It is defined as the amount one party needs to pay to another party as the first party borrowed an amount that will be credited by the second party. Debt occurs when one party cannot be able to purchase something under normal circumstances.
We know the formula for the monthly payment:
[tex]\rm Monthly \ Payment \:=\:\dfrac{\left A\left(i\right)\left(1+i\right)^{n}\right}{\left(1+i\right)^{n}-1}[/tex]
It is given that:
Jose’s credit card statement says that he owes $324.
He charges an additional $63, $21, and $75.
So add the additional $63, $21, and $75 into the $324.
Total = 324 + 63 + 21 + 75
The arithmetic operation can be defined as the operation in which we do the addition of numbers, subtraction, multiplication, and division.
Total = $483
Thus, the total amount he owes is $483 if Jose’s credit card statement says that he owes $324.
Learn more about the debt here:
brainly.com/question/17286021
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