This topic contains a solution. Click here to go to the answer

Author Question: Callie Brent's credit card statement for March 31 showed a previous balance of 210.40 and new ... (Read 304 times)

fasfsadfdsfa

  • Hero Member
  • *****
  • Posts: 554
Callie Brent's credit card statement for March 31 showed a previous balance of 210.40 and new purchases of 22.31 on 3/11, 12.11 on 3/18, and 34.85 on 3/23. She made a payment of 210.40 on 3/27. What is Callie's new balance?

Question 2

Jeremy Stahl's credit card which has a 15 APR requires a minimum payment of 3 of the current balance each billing cycle. Jeremy's current balance is 368.79, and his credit card company uses the previous balance method and a monthly periodic rate for calculating finance charges. What is the minimum payment due? If Jeremy makes the minimum payment, what will his balance be next month if he makes no additional purchases?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

flexer1n1

  • Sr. Member
  • ****
  • Posts: 373
Answer to Question 1

69.27

Answer to Question 2

11.06, 362.34




fasfsadfdsfa

  • Member
  • Posts: 554
Reply 2 on: Jun 24, 2018
Gracias!


Jossy

  • Member
  • Posts: 336
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

For a complete list of videos, visit our video library