alexandra owes $875.45 on her charge account. the minimum payment due is $25.00. alexandra’s monthly interest charge is 2.4% of the unpaid balance. how much will she owe next month if she makes no new purchases?

Thank you for posting your question here at . The amount will he owe next month if she makes no new purchases is $870.86.  Subtract the minimum payment from the balance : $875.45 - $25.00 = $850.45. Then you add the interest charge which would be $21.41, as that is 2.4% of the new balance of $850.45. You add that which makes a new total balance of $870.86