Glanna Menditto

$02/25/256$:$47$ PM

$8\mathrm{.}3$

Question $7,8\mathrm{.}3\mathrm{.}39$

HW Score: $85\mathrm{.}71\%,6$ of $7$

points

Points: $0$ of $1$

Use the unpaid balance method to find the finance charge on the credit card account for April. The starting balance from the previous month is $$260.$ The transactions on the account for the month are given in the table to the right. Assume an annual interest rate of $17\%$ on the account and that the billing date is April $1$st$.$

$\backslash$table$[[$Date$,$Transaction$],[$April $7,$Charged $$135$ for a coat$],[$April $15,$Made payment of $$152],[$April $21,$Charged $$30$ for DVDs$],[$April $26,$Charged $$29$ for groceries$]]$

The finance charge for the month of April is $$4\mathrm{.}00.$

$($Round to the nearest cent as needed.$)$