Credit Card Finance Charges. Troy has a credit card that charges 13% on outstanding balances and on cash advances. The closing date on the credit card is the first of each month. Last month Troy left a balance on his credit card of $585. This month Troy took out a cash advance of $435 and made $1,006 in purchases. Troy made a payment of $656. What will the total of Troy's new balance be on his credit card statement, taking into account finance charges? (Assume the adjusted balance method is used and finance charges on the cash advance are applied for the entire month) The total of Troy's new balance on his next credit card statement, taking finance charges into account, is $