21. [-/0.87 Points] DETAILS BRECMBC9 13.1.019.MI. MY NOTES PRACTICE ANOTHER Cook Security Systems has a $37,500 line of credit, which charges an annual percentage rate of prime rate plus 4%. The starting balance on October 1 was $9,500. On October 4 they made a payment of $1,400. On October 13 the business borrowed $2,700, and on October 19 they borrowed $4,600. If the current prime rate is 8%, what is the new balance (in $)? (Round your answer to the nearest cent.) $ Need Help? Read It Watch It Master It 22. [-/0.87 Points] DETAILS BRECMBC9 13.I.TB.013. MY NOTES PRACTICE ANOTHER James has a revolving credit account at an annual percentage rate of 18%. Use the average daily balance method to find the new balance given the following activity. Statement of Account Billing Cycle: May 1-31 May 1 Balance $239.28 May 9 Payment 45.30 May 18 Yo Yogurt (credit) 69.83 May 26 Fresh Flowers 92.33 May 30 Liu Printing 81.88 $293.88 O $298.36 O $301.32 O $333.87 Need Help? Read It