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OpenStudy (anonymous):
Pete’s unpaid credit card balance is $3529.30. His APR is 18.6%, and he made one new transaction for $148. What is his new balance
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OpenStudy (anonymous):
Credit Balance - (18.6% of APR + $148)
OpenStudy (anonymous):
What do you get?
OpenStudy (anonymous):
Sorry it's Credit Balance - (18.6% of Credit Balance + $148)
OpenStudy (anonymous):
3612
OpenStudy (anonymous):
No, dear. What's 18.6% ?
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OpenStudy (anonymous):
6563.99 ?
OpenStudy (anonymous):
18.6 % = 18.6 / 100 = .186 So you have 3529.30 - ( .186 x 3529.30 + 148) Evaluate
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