The billing cycle for a credit card goes from March 15 to April 14. The balance at
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The billing cycle for a credit card goes from March 15 to April 14.
The balance at the start of the billing cycle is \(\$ 450.00\). The list of transactions on the card is below. The interest rate is \(15.9 \%\). What is the balance due at the end of the billing cycle?
Transcribed Image Text:
Date Activity Amount 15-Mar Billing Date Balance $450.00 21-Mar Movie $50.00 28-Mar Gasoline $65.00 31-Mar Snacks $15.50 1-Apr Dinner $63.60 1-Apr Payment $300.00 1-Apr Gasoline $48.90 9-Apr Plane Tickets $288.50
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