2 years ago

Dominick’s unpaid credit card balance was $2103.24. His APR is 14.4%.

1 answer:

4 0

New balance=previous balance+finance charge+New transaction

First we need to calculate the finance charge in order to find the new balance

Finance charge=2,103.24×(0.144÷12 months)
=25.24

New balance
2,103.24+25.24+280
=2,408.48

Hope it helps!

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