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Tcecarenko [31]
3 years ago
7

Hank purchased a new grill for $349 on his credit card. He had a previous balance of $225.91. A finance charge of $8.62 was asse

ssed. What is his new balance?
Business
2 answers:
Lady bird [3.3K]3 years ago
4 0
If his starting balance is the $225.91

then his balance would be

 -131.71
Elza [17]3 years ago
3 0

Answer:

$583.53

Explanation:

The balance on a credit card is determined by subtracting from the previous balance any payment made and adding purchases or finance charges. So, according to this, as Hank made a purchase and a finance charge was assessed, we have to add this to the previous balance to find the new one:

$225.91+$349+$8.62= $583.53

Hank's new balance is $583.53.

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