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Author Question: On June 1, the unpaid balance in an account was $162. On June 12, a payment of $60 was made. The ... (Read 41 times)

shofmannx20

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On June 1, the unpaid balance in an account was $162. On June 12, a payment of $60 was made. The interest rate per month was 1.5% per month of the average daily balance. Find the new balance at the end of June.
◦ $103.50
◦ $103.86
◦ $103.81
◦ $120.60


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Marked as best answer by shofmannx20 on Feb 26, 2020

cadimas

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shofmannx20

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Reply 2 on: Feb 26, 2020
YES! Correct, THANKS for helping me on my review


AmberC1996

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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