Question and answer
Darrin Newberry's charge account statement shows an unpaid balance of $875. The monthly finance charge is 1.65 percent of the unpaid balance. What is the new account balance? A. $889.44 B. $889.00 C. $896.11 D. $896.50
A. $889.44
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Expert answered|Greenpepper|Points 521|
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Asked 12/12/2010 6:32:57 PM
Updated 254 days ago|10/5/2023 1:56:46 PM
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Solution:
New Balance = $875 + ($875 0.0165)
New Balance = $875 + $14.4375
New Balance} = $889.4375

Rounding to two decimal places, the new account balance is $889.44.
Added 254 days ago|10/5/2023 1:56:46 PM
This answer has been confirmed as correct and helpful.
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Questions asked by the same visitor
Luisa Perez had a balance of $541.82 in her checking account on January 7. On January 10 she wrote a check to Marty's Hair Salon for $27.19. What is her new balance? A. $494.63 B. $569.01 C. $514.63 D. $27.19
Weegy: the answer is letter C. $514.63 (More)
Question
Expert Answered
Updated 113 days ago|2/23/2024 12:08:44 PM
1 Answer/Comment
Solution:
Previous balance = $541.82
Check amount = $27.19
New balance = Previous balance - Check amount
New balance = $541.82 - $27.19
New balance = $514.63

So, Luisa Perez's new balance is $514.63,
Added 113 days ago|2/23/2024 12:08:44 PM
This answer has been confirmed as correct and helpful.
incoln Cook has a check for $295.50 and a check for $6.25. He also has a $10.00 bill. He would like to receive $5.00 in cash and deposit the rest of the money in his savings account. What is the total deposit? A. $304.75 B. $306.75 C. $206.75 D. $311.75
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Question
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Updated 158 days ago|1/9/2024 3:06:51 PM
1 Answer/Comment
$295.50 + $6.25 + $10.00 = $311.75
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Added 158 days ago|1/9/2024 3:06:51 PM
This answer has been confirmed as correct and helpful.
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1 Answer/Comment
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Solution
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