<span>Given:
Last balance-$98.32
payments-$30,
finance rate-1.5%
new charges-$58.28
98.32 - 30 = 68.32
68.32 * 1.5% = 1.0248
</span><span>The finance charge on the unpaid balance is $1.02
Only the remaining balance of the last balance shall be subjected to finance charge. The finance charge will be added to the balance that will be paid next due date. In the event that partial payment will still be made, the remaining balance will still be subjected to finance charge.
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Answer:
Step-by-step explanation:
to multiply a number by a fraction, just multiply straight across
you just do 5 * 6 to get 30 and since there isn't anything under the 6, you put an imaginary 1 to get you 7 so your answer will be 30/7
He should use the increase per day option because in this option he will earn 1209 dollars after 10 days and the other option will only give him 1000 dollars after 10 day
Answer is in a photo. I can only upload it to a file hosting service. link below!