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15) Yanni received her monthly credit card statement in the mail, the summary of which is shown below. When she
calculated the new balance for the month, she arrived at a different amount than the credit card company. What
should be the correct new balance?
SUMMARY
Previous
Balance
$3,589
Payments
Credits
$130.00
Transactions
$275,00
Late
Charge
$0.00
Average
Daily
Balance
$3,558.71
Finance
Charge
$82.28
Days
in Billing
Cycle
Now
Balance
$3,796.28
Minimum
Payment
$100.00
Monthly
Periodic
Rate
1.75%
Total Credit Line
Total Available Credit
$ 10.000.00
$6,203.72
APR
21%
$3,576.28
$3,676.28
B.
C. $3,766.28
D. $3,776.28

15 Yanni received her monthly credit card statement in the mail the summary of which is shown below When she calculated the new balance for the month she arrive class=

Respuesta :

sqdancefan

Answer:

  D.  $3,776.28

Step-by-step explanation:

The finance charge should be ...

  $3558.71 × 1.75% = $62.28 . . . . . . not $82.28

The new balance should be $20 less than what is shown, so should be ...

  $3,776.28

ashtonmackenzie59127

Answer:

I believe the answer is D

Step-by-step explanation:

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