On the November 4 billing date, Tasia had a balance due of $1203.85 on her credit card.

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On the November 4 billing date, Tasia had a balance due of $1203.85 on her credit card. From November 4 through December 4, Tasia charged an additional $106.94 and made a payment of $525.

(a) Determine the finance charge on December 4, using the previous balance method. The interest rate is 1.3% per month.

(b) Determine the new balance due on December 4.

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A Survey of Mathematics with Applications

ISBN: 978-0134112107

10th edition

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

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Question Posted: Jan 28, 2019 07:50 AM

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On the November 4 billing date, Tasia had a balance due of $1203.85 on her credit card.

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A Survey of Mathematics with Applications

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