Author Question: Paul Hare had a previous balance of 216.54 on his clothing store credit card. He made purchases of ... (Read 122 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?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

For a complete list of videos, visit our video library