When is the payment due? Use the following credit card statement for the following exercise 28 29

When is the payment due?

Use the following credit card statement for the following exercise

Transcribed Image Text:

28 29 30 31 4 5 September 2022 SMTWTFS 2 3 6 7 8 9 10 New Balance $2,144.89 Minimum Payment Due $50.00 11 12 13 18 19 20 21 25 26 27 122 14 15 16 17 22 23 24 Payment Due Date 09/26/22 28 29 30 .N 2 3 4 5 6 7 8 Late Payment Warning: If we do not receive your minimum payment by the date listed above, you may have to pay a late fee of up to $39.00. Minimum Payment Warning: If you make only the minimum payment each period, you will pay more in interest and it will take you longer to pay off your balance. For example: If you make no additional charges using this card and each month you pay... You will pay off the balance shown on this statement in about... And you will end up paying an estimated total of... Payment, Credits Purchases Cash Advances Balance Transfers Fees Charged Previous Balance $1,937.30 -$300.00 +$478.31 $0.00 $0.00 $0.00 Interest Charged +$29.28 New Balance $2,144.89 Opening/Closing Date 08/02/22 09/01/22 Credit Access Line $7,000 Available Credit $4,855 Only the minimum 8 years $3,837 Cash Access Line $350 payment Available for Cash $350 $76 3 years $2,738 Past Due Amount $0.00 (Savings $1,099) = Balance over the Credit Access Line $0.00