The answer to this question is C
9514 1404 393
Answer:
(d) 2 11/12
Step-by-step explanation:
Answer:
Her balance at the beginning of November=$973.76
Step-by-step explanation:
What is Natasha's credit balance at the beginning of November?(i.e. at the end of October)
The balance at the end of each month is the beginning balance plus the current month's purchases minus the minimum payment for the month.
Sept =$922.93+$33.70+9.89%/12*($922.93+$33.70)
Sept=$964.51
payment= 964.51*3.08%
balance at the end of Sept=$964.51-($964.51*3.08%)
balance at the end of Sept=$934.80
Oct=$934.80+$61.70+9.89%/12*($934.80+$61.70)
Oct=$ 1,004.71
payment=$1,004.71*3.08%
balance at the end of Oct(at beginning of Nov)=$ 1,004.71-($1,004.71*3.08%)
balance at the end of Oct(at beginning of Nov)=$973.76
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The answer to 4+11 would be 15
