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

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A. $889.44

Expert answered|Greenpepper|Points 521|

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Asked 12/12/2010 6:32:57 PM

Updated 10/5/2023 1:56:46 PM

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Bench_14

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 10/5/2023 1:56:46 PM

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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

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Updated 2/23/2024 12:08:44 PM

1 Answer/Comment

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Updated 1/9/2024 3:06:51 PM

1 Answer/Comment

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1 Answer/Comment

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1 Answer/Comment

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