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$1.00 math questions

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connergurl
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Q:

18. Katie had an unpaid balance of $1,734.50 on her credit card statement at the beginning of

January. She made a payment of $165.00 during the month. If the interest rate on Katie's credit

card was 7% per month on the unpaid balance, find the finance charge and the new balance on

February 1. (Points: 1)

Finance charge = $119.53; new balance = $1,689.03

Finance charge = $121.42; new balance = $1,690.92

Finance charge = $125.53; new balance = $1,695.03

Finance charge = $131.56; new balance = $1,701.06

 

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Loan Payments
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Preview: ... + 121.42 = 1855.92 (Unpa ...
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Preview: ... f unpaid balance              ...
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