The new balance is a credit of $ 48.78.
Since Ben Shield's credit card uses the unpaid-balance method to compute the finance charge at a monthly periodic rate of 1.875%, and during the monthly billing cycle, Ben charged $ 238.75, made a payment of $ 300.00, and had a finance charge of $ 7.99, to find his new balance, the following calculations must be performed:
- Finance charge + new purchases + previous balance - payments = X
- 238.75 x 1.01875 + 7.99 - 300 = X
- 243.22 + 7.99 - 300 = X
- 251.21 - 300 = X
- -48.78 = X
Therefore, the new balance is a credit of $ 48.78.
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The right answer is, 18+14.
I would say it’s C because you make X negative
The answers once compounded equals $65068.44. Hope this helps:)
The statements look all false:
- A linear function can have constant terms, which is the b coefficient in the expression y=mx+b. For example, y=3x+5 has a constant term 5
- A linear function has a x term. In the same example as before, 3x is the x term
- The coefficients can be different from 1. In the example before, the x coefficient is 3 and the constant term is 5.
- This looks like option b. Maybe there was a typo, and either b or d must be true.