Author Question: Paul Hare had a previous balance of 216.54 on his clothing store credit card. He made purchases of ... (Read 107 times)

WWatsford

  • Hero Member
  • *****
  • Posts: 539
    • Biology Forums!
Paul Hare had a previous balance of 216.54 on his clothing store credit card. He made purchases of 32.10 and a payment of 100. The interest charge was 2.1. What is the new unpaid balance of Paul's credit card using the previous balance method?
 A) 353.19
  B) 279.89
  C) 194.02
  D) 153.19

Question 2

On May 1, the unpaid balance on a credit card is 132. During the month, purchases of 16.95, 82.64, and 5.35 are made. Using the previous balance method, what is the unpaid balance on June 1, if the finance charge is 1.9 of the unpaid balance and a payment of 90 is made May 12?
 A) 114.57
  B) 149.43
  C) 171.84
  D) 329.43



Pamela.irrgang@yahoo.com

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

D

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

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

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

For a complete list of videos, visit our video library