On the September 5 billing date, Tasia had a balance of $2302.65 on her credit card. From

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On the September 5 billing date, Tasia had a balance of $2302.65 on her credit card. From September 5 through October 5, Tasia charged an additional $106.72 and made a payment of $550.

a) Determine the finance charge on October 5, using the previous balance method. The interest rate is 1.3% per month.

b) Determine the new balance due on October 5.

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A Survey Of Mathematics With Applications

ISBN: 9780135740460

11th Edition

Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde

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