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Author Question: Artimus Price's previous month's balance on his revolving credit account was 1,216.88. The account ... (Read 157 times)

SAVANNAHHOOPER23

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on: Jun 24, 2018
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

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Reply #1 on: Jun 24, 2018
Answer to Question 1

a. 1,238.42
b. 15.79

Answer to Question 2

a. 242 for Roses
b. 576 for Tulips


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SAVANNAHHOOPER23

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Reply #2 on: Jun 24, 2018
Thank you


fromAlphatoOmega22

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Reply #3 on: Jun 24, 2018
No problemo


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