Question: Last June 1 6 , Mr . Smith bought a vacation package for his family for $ 1 0 , 0 0 0 . He
Last June Mr Smith bought a vacation package for his family for $ He paid for the package with his credit card. His card billing period runs from the th of each month to the th of the following month. The package is the only purchase he made with his card during the period June July On July an account statement was issued by the credit card company requesting that he pay $ by August Mr Smith decided to pay $ on August opting to repay the remaining $ with the next statement. He did not make any purchase during the billing cycle July August On August a new statement was issued. The statement showed a balance of $ Mr Smith immediately called his credit card company to declare that a mistake had been made. The company checked his file and replied that there was no mistake. Prove to Mr Smith that the companys assertion is correct.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
