Author Question: Artimus Price's previous month's balance on his revolving credit account was 1,216.88. The account ... (Read 147 times)

SAVANNAHHOOPER23

  • Hero Member
  • *****
  • Posts: 542
Artimus Price's previous month's balance on his revolving credit account was 1,216.88. The account had the following activity for May: May 10, purchases 270; May 15, a credit of 86.50; May 19, payment of 300; and May 25, purchase 122.25. The finance charge is calculated on the average daily balance at a 15 annual percentage rate. a. What is Artimus' new balance on May 31? b. How much is the finance charge for May?

Question 2

On Valentine's Day, the flower vendor took in 334 less on rose bush sales than on tulip sales. If the total sales for the day were 818, what were the sales for each flower? a. Roses ____________ b. Tulips ____________
 Fill in the blank(s) with correct word



fromAlphatoOmega22

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

a. 1,238.42
b. 15.79

Answer to Question 2

a. 242 for Roses
b. 576 for Tulips



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

For a complete list of videos, visit our video library