Denise Robb's account statement shows a $210.94 unpaid balance. With a periodic rate of 1.85%, what is the finance charge? She h
ad new purchases of $341.22. What is the new balance?
1 answer:
Answer:
A) 3.9 dollars
B) 126.38 dollars
Step-by-step explanation:
Given that Denise Robb's account statement shows a $210.94 unpaid balance. With a periodic rate of 1.85%
The finance charge = 1.85/100 × 210.94 = 3.9 dollars
If She had new purchases of $341.22. The new balance will be
341.22 - ( 210.94 + 3.9 )
126.38 dollars
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