1.

Frank has a credit card that charges him an interest rate of 25.75% per annum. As of his statement dated September 4th he had an owing balance of $756.21. He made the following transactions:

• On Sept 4th paid the minimum payment of 10%
• On Sept 15th took out a cash advance of $200
• On Sept 22nd he made a purchase in the amount of $96.23

If he makes no further transactions, how much will he owe on his next statement dated Oct 4th

2.

Aadarsh has a credit card that charges him an interest rate of 22.99% per annum. As of his statement dated September 4th he had an owing balance of $1500.44. He then made the following transactions:

On September 4th paid the minimum payment of 5%

• On Sept 17th took out a cash advance of $300
• On Sept 22nd he made a purchase in the amount of $180.65

If he makes no further transactions, how much will he owe on his next statement dated Oct 4th?