The account balance on april 1st is 5051 on april 15th a


The account balance on April 1st is $50.51. On April 15th a payment of $15.00 is made. On April 25th a purchase of $19.27 is made. The annual rate is 18%. What is the finance charge using the previous balance method? What is the new balance?

Solution Preview :

Prepared by a verified Expert
Engineering Mathematics: The account balance on april 1st is 5051 on april 15th a
Reference No:- TGS01590094

Now Priced at $10 (50% Discount)

Recommended (92%)

Rated (4.4/5)