Solve the problem using the previous balance method. the account balance on april 1st is $60.15. on april 15th a payment of $51.00 is made. on april 25th a purchase of $91.27 is made. what is the finance charge if the annual rate is 18%? what is the new account balance? finance charge = $ new balance = $

Annual Percent Rate (APR) = 18%

Rate during the current billing cycle = 18/12 = 1.5%

Balance at the beginning of the billing cycle = 60.15

Payment   51.00

Balance                                                                 10.15

Purchase 91.27        

Balance                                                                - 81.12

Finance Charge 60.15 * 0.015 =                             0.90

New Balance                                                       - 82.02

d

step-by-step explanation:

the 2000 florida legislature amended section 322.05, florida statutes, changing the requirements to obtain a class e license for a driver under the age of 18 holding a learner's license. the following requirements must be met in order to obtain a regular class e license if a learner's license is issued on or after october 1, 2000:

must hold a learner's license for at least 12 months or until the 18th birthday.

must have no convictions 12 months from the issue date of the learner's license.

may have one traffic conviction within 12 months from the issue date of the learner's license if adjudication is withheld.

a parent, legal guardian, or responsible adult over 21 years old must certify that the driver has 50 hours driving experience, including 10 hours of night time driving.