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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?
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supie:
Is there choices?
Aaronsssssss:
1,055.06 1,162.06 816.00 835.92
TWALKER16:
thx
Aaronsssssss:
Can you help me?
TWALKER16:
yes
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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
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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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