This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Callie Brent's credit card statement for March 31 showed a previous balance of 210.40 and new ... (Read 303 times)

fasfsadfdsfa

  • Hero Member
  • *****
  • Posts: 554
on: Jun 24, 2018
Callie Brent's credit card statement for March 31 showed a previous balance of 210.40 and new purchases of 22.31 on 3/11, 12.11 on 3/18, and 34.85 on 3/23. She made a payment of 210.40 on 3/27. What is Callie's new balance?

Question 2

Jeremy Stahl's credit card which has a 15 APR requires a minimum payment of 3 of the current balance each billing cycle. Jeremy's current balance is 368.79, and his credit card company uses the previous balance method and a monthly periodic rate for calculating finance charges. What is the minimum payment due? If Jeremy makes the minimum payment, what will his balance be next month if he makes no additional purchases?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

flexer1n1

  • Sr. Member
  • ****
  • Posts: 373
Reply #1 on: Jun 24, 2018
Answer to Question 1

69.27

Answer to Question 2

11.06, 362.34


fasfsadfdsfa

  • Member
  • Posts: 554
Reply 2 on: Jun 24, 2018
:D TYSM

apple

  • Member
  • Posts: 352
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

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?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

This chart illustrates the “drip down” model of government. In this, politics is formed by the soc This chart illustrates the “drip down” model of government. In this, politics is formed by the soc
The reminder card should be completed and handed to the patient after the appointment is scheduled. The reminder card should be completed and handed to the patient after the appointment is scheduled.
Material Balance on the process pipe and the separator Material Balance on the process pipe and the separator
Acid–Base Balance Acid–Base Balance
Mishu wants to invest an inheritance of $20,000 for one year. His credit union offers 8.85% for ... Mishu wants to invest an inheritance of $20,000 for one year. His credit union offers 8.85% for ...
Easter story kids March 20 2024 Easter story kids March 20 2024
Video: Bone tissue types - compact and spongy

For a complete list of videos, visit our video library