1st to answer will get Brainliest
Gary's unpaid credit card balance is $2543.32. His APR is 17.4%, and he made one new transaction for $320. What is his new balance?
A) 2900.20
B) 3020.46
C) 3305.86
D) 3442.34

Find current interest:
=$2543.32 * 17.4%
=2543.32 * 0.174
=442.537

Add the interest to the current balance:
=2543.32 + 442.537
=2985.857

Add new transaction:
=2985.857 + 320
=3305.857 rounded to 3305.86

The answer is C) $3305.86

Hope this helps! :)

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pearlielb pearlielb · Answer 2 · 2019-01-29T21:47:23+01:00

pearlielb pearlielb

29-01-2019

Answer:

New Balance = 2543.32(1 + 0.174/12) + 320 = 2543.32(1.0145) + 320 = 2580.20 + 320 =

Step-by-step explanation:

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1st to answer will get Brainliest Gary's unpaid credit card balance is $2543.32. His APR is 17.4%, and he made one new transaction for $320. What is his new balance? A) 2900.20 B) 3020.46 C) 3305.86 D) 3442.34

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1st to answer will get Brainliest
Gary's unpaid credit card balance is $2543.32. His APR is 17.4%, and he made one new transaction for $320. What is his new balance?
A) 2900.20
B) 3020.46
C) 3305.86
D) 3442.34