Author Question: On November 1, there was an unpaid balance of 875.60 on Gary's charge account. The following ... (Read 61 times)

Charlie · **on:** Jun 24, 2018

On November 1, there was an unpaid balance of 875.60 on Gary's charge account. The following transactions occurred during the month: a payment of 100 was made, 75.52 in merchandise was returned, and purchases of 37.84 were made. Find the unpaid balance on December 1 if the bank charges 1.8 per month.
a. 904.72

b. 753.68

c. 851.12

d. 722.16

Question 2

The transportation model is a special case of the minimum cost network flow model (MCNFM).
a. True
b. False
Indicate whether the statement is true or false