1) Credit Card Finance Charges. Troy has a credit card that charges 22% outstanding balances and on cash advances. The closing date on the credit card is the first of each month. Last month Troy left a balance on his credit card of ​$218 This month Troy took out a cash advance of ​$171 and made ​$378 in purchases. Troy made a payment of ​$238 What will the total of​ Troy's new balance be on his credit card​ statement, taking into account finance​ charges? (Assume the adjusted balance method is used and finance charges on the cash advance are applied for the entire​ month)
The total of​ Troy's new balance on his next credit card​ statement, taking finance charges into​ account, is​ ?