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22 July, 10:26

Denise Robb's account statement shows a $210.94 unpaid balance. With a periodic rate of 1.85%, what is the finance charge? She had new purchases of $341.22. What is the new balance?

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  1. 22 July, 13:20
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    A) 3.9 dollars

    B) 126.38 dollars

    Step-by-step explanation:

    Given that Denise Robb's account statement shows a $210.94 unpaid balance. With a periodic rate of 1.85%

    The finance charge = 1.85/100 * 210.94 = 3.9 dollars

    If She had new purchases of $341.22. The new balance will be

    341.22 - (210.94 + 3.9)

    126.38 dollars
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