Author Question: Paul Hare had a previous balance of 216.54 on his clothing store credit card. He made purchases of ... (Read 108 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?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

For a complete list of videos, visit our video library