Mathematics, 06.03.2020 11:26 littlemisschris
15) Yanni received her monthly credit card statement in the mail, the summary of which is shown below. When she
calculated the new balance for the month, she arrived at a different amount than the credit card company. What
should be the correct new balance?
SUMMARY
Previous
Balance
$3,589
Payments
Credits
$130.00
Transactions
$275,00
Late
Charge
$0.00
Average
Daily
Balance
$3,558.71
Finance
Charge
$82.28
Days
in Billing
Cycle
Now
Balance
$3,796.28
Minimum
Payment
$100.00
Monthly
Periodic
Rate
1.75%
Total Credit Line
Total Available Credit
$ 10.000.00
$6,203.72
APR
21%
$3,576.28
$3,676.28
B.
C. $3,766.28
D. $3,776.28
Answers: 3
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15) Yanni received her monthly credit card statement in the mail, the summary of which is shown belo...
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