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Mathematics 15 Online
Aaronsssssss:

Juan has a previous balance of $923 on a credit card with a 25.9% APR compounded monthly. If he made a payment of $107 this month, what is the new balance on his credit card?

supie:

Is there choices?

Aaronsssssss:

1,055.06 1,162.06 816.00 835.92

TWALKER16:

thx

Aaronsssssss:

Can you help me?

TWALKER16:

yes

Aaronsssssss:

Do you know it?

TWALKER16:

i am figuriing it out

Aaronsssssss:

Okay thank you

TWALKER16:

ok

Aaronsssssss:

It’s complicated I can’t find it

TWALKER16:

u have it

jimthompson5910:

hint: try to find the balance after the interest is added on for the month ignore the payment for now

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