1. Greg Forrester's charge account statement showed a previous balance 20 points
1 answer:
Answer:
Option $152.19
Step-by-step explanation:
Data provided in the question:
Previous balance = $152.35
Finance charge = $1.78
New purchases of $45.23 and $15.67
Payment = $50.00
Credit = $12.84
Now,
New Balance
= [Previous balance + Finance charge + New purchases ] - [ Payments + Credits ]
= [ $152.35 + $1.78 + ($45.23 + $15.67) ] - [$50.00 + $12.84 ]
= $215.03 - $62.84
= $152.19
Hence,
Option $152.19
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