Author Question: Artimus Price's previous month's balance on his revolving credit account was 1,216.88. The account ... (Read 99 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?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

For a complete list of videos, visit our video library