Let's analyze Jerome's credit card activity over the 7 months to determine the total amount of interest he has paid.
Given data:
- Annual Percentage Rate (APR) is 18%, calculated on the previous monthly balance.
- Finance charges for each month are:
- Month 1: \[tex]$0.00
- Month 2: \$[/tex]33.00
- Month 3: \[tex]$32.84
- Month 4: \$[/tex]32.67
- Month 5: \[tex]$32.51
- Month 6: \$[/tex]32.34
- Month 7: \[tex]$32.18
To find the total amount of interest paid over the 7 months, we sum these finance charges:
\[
0.00 + 33.00 + 32.84 + 32.67 + 32.51 + 32.34 + 32.18 = 195.54
\]
Thus, the total amount of interest Jerome has paid over the 7 months is:
\[ \boxed{195.54} \]
So, the correct answer is B. \$[/tex]195.54.
