Fill in the missing information marked with a  in the credit card statement below (Payments/Credits, Unpaid Balance, Finance Charge, New Charges, New Balance). During this month, you made a payment of $225. You charged $43.67, $10, & $110.99. You had a credit of $76.61. Your account has an APR of 18.6% and Periodic Interest Rate of 1.55%. You must pay either 10% of the unpaid balance or $100, which ever is higher. What will be your payment for next month?

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Account Number Previous Balance Payments & Credits Unpaid Balance New Charges/Purchases Summary of Account Activity Finance Charge (Periodic Interest Rate 1.55%) New Balance New Payment XXXX-XXXX-XXXX-9999 $2,987.36 ? ? ? ? ? ? Account Number Previous Balance Payments & Credits Unpaid Balance New Charges/Purchases Summary of Account Activity Finance Charge (Periodic Interest Rate 1.55%) New Balance New Payment XXXX-XXXX-XXXX-9999 $2,987.36 ? ? ? ? ? ?

Answer rating: 100% (QA)

Lets calculate the missing information step by step Payments Credits Payment made 225 Credit receive... View the full answer