To answer the question above, let us first analyze the problem.
If the APR is 13.99%,
then the monthly rate would be 1.1658333 % ( 13.99/12 )
A balance of $2500.00 would then costs:
2500 * (1.1658333/100 ) = $ 29.1458 or $29.15
You can also write this as:
2500 * 0.01165833 = $29.15
I hope my answer helped you
