gavin's unpaid credit card balance is $2103.23 his APR is 14.4% what is his new balance if he made one new transaction for $390?
1 answer:
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Answer:
1 4/25 - 3/5, or 29/25 - 3/5, or
it doesn't really matter they all mean the same
Step-by-step explanation:
1 2/5m - 3/5(2/5m + 1)
multiply first
1 2/5m - 6/25m - 3/5
multiply 1 2/5 only so the denominator is 25 as we can't simplify 6/25, it's so we can add them together, we can't add 3/5 tho bc it's a different term so there's no need to multiply that.
1 10/25m - 6/25m - 3/5
add/subtract
1 4/25m - 3/5