To answer this item, first we subtract the $100 payment Alex made from the previous balance. That will give us an answer of $3,594.23. Then, we add the new transaction to the calculated value above giving us $3829.23. Multiplying the new transaction by 0.192 and adding the answer to $3829.23 will give us an answer of $3,874.35. Thus, the nearest answer is the third choice.
