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Mathematics 10 Online
OpenStudy (anonymous):

WILL AWARD MEDAL Amari has a previous balance of $691 on a credit card with a 17.1% APR compounded monthly. If he made a payment of $95 this month, what is the new balance on his credit card?

OpenStudy (anonymous):

$714.16 $596.00 $605.85 $809.16

OpenStudy (anonymous):

$714.16

OpenStudy (triciaal):

was the correct answer 605.85

OpenStudy (triciaal):

usually they apply the interest first

OpenStudy (anonymous):

so your saying the answer is 605.85?

OpenStudy (triciaal):

yes

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