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3 years ago

6

David’s statement shows a previous balance of $5834.53, a payment of $150, and new transactions totaling $325. His APR is 20.4%.

What is his new balance?

2 answers:

DaniilM [7]3 years ago

8 0

Finance charge
(5,834.53−150)×(0.204÷12)=96.64

New balance
5,834.53−150+96.64+325
=6,106.17

frosja888 [35]3 years ago

6 0

Answer:

5,834.53−150+96.64+325

=6,106.17

Step-by-step explanation:

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