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Month Previous Month's Balance Finance Charge (in $) Purchases and Cash Advances Payments and Credits New Balance End of Month (in $) March $520.00 $128.97

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Month Previous Month's Balance Finance Charge (in $) Purchases and Cash Advances Payments and Credits New Balance End of Month (in $) March $520.00 $128.97 $75.00 $ Need Help? Read 4. [-/1 Points) DETAILS BRECMBC9 13.1.019.MI. MY NOTES ASK YOUR TEACHER 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 $9,100. On October 4 they made a payment of $1,800, On October 13 the business borrowed $2,100, and on October 19 they borrowed $4,800, 11 the current prime rate is 6%, what is the new balance (in $)? (Round your answer to the nearest cent) Need Help? Raadi Watch Master

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