Question
1. What is the new balance on a loan which had: A previous balance = $1,028.61 APR = 12% Purchases & Cash Advances = $322.20
1. What is the new balance on a loan which had:
- A previous balance = $1,028.61
- APR = 12%
- Purchases & Cash Advances = $322.20
- Payments & Credits = $300
Group of answer choices
$10.29
$1,000.00
$1,061.10
$1,610.10
2. What is the new balance on a loan which had:
- A previous balance = $605.42
- APR = 9%
- Purchases & Cash Advances = $156.12
- Payments & Credits = $200
Group of answer choices
$566.08
$600.00
$656.08
$4.54
3. What is the new balance on a loan which had:
- A previous balance = $35.00
- APR = 12%
- Purchases & Cash Advances = $186.40
- Payments & Credits = $75
Group of answer choices
$146.75
$164.75
$176.75
$100.00
4. What is the fiance charge on a loan which had:
- A previous balance = $325.75
- APR = 18%
Group of answer choices
$9.89
$4.00
$8.99
$4.89
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Accounting
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