gary's unpaid credit card balance is $2543.32. His APR is 17.4% and he made one new transaction for $320. what is his new balanc

Question

erica [24]

3 years ago

8

gary's unpaid credit card balance is $2543.32. His APR is 17.4% and he made one new transaction for $320. what is his new balanc

e?

Mathematics

2 answers:

zaharov [31] · Answer 1 · 2022-08-12T17:03:46+03:00

Given that <span>Gary's unpaid credit card balance is $2543.32. His APR is 17.4% and he made one new transaction for $320. so his new balance can be solved by just adding the unpaid credit card balance and the new transaction he made.
new balance = </span><span> $ 2543.32 + $ 320
new balance = $ 2863.32</span>

PtichkaEL [24] · Answer 2 · 2022-08-12T18:46:15+03:00

PtichkaEL [24]3 years ago

3 0

Answer:

New Balance = 2543.32(1 + 0.174/12) + 320 = 2543.32(1.0145) + 320 = 2580.20 + 320 =

Step-by-step explanation: