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Please help use this credit card table to answer the following questions. directions Use the credit card statement below to answer these questions: 1. What
Please help use this credit card table to answer the following questions.
directions Use the credit card statement below to answer these questions: 1. What is the date of the statement? 2. What is the Annual Percentage Rate (APR)? 3. What is the corresponding periodic rate? 4. What is the new balance? 5. What was the previous balance? 6. How many charges were made during the billing cycle? 7. How many credits and payments were made during the billing cycle? 8. Were there any charges for late payments? If so, how much were the charges? 9. What is the total amount of the credit line? 10. What is the total amount of available credit? 11. What is the total amount of charges made during the current billing period? 12. Was there a finance charge for the current billing cycle? If so, how much were the charges? 13. What is the account number on the statement? 14. Where should the payment be sent? 15. What is the periodic rate for cash advances? CREDIT CARD STATEMENT STATEMENT DUE PAYMENT DUE DATE ACCOUNT NUMBER 4125-239-412 NAME John Doe 2/13/19 3/09/19 CREDIT LINE $1200.00 CREDIT AVAILABLE $1074.76 NEW BALANCE $125.24 MINIMUM PAYMENT DUE $20.00 REFERENCE SOLD POSTED AMOUNT 1/25 1/15 1/15 463GE7382 32F349ER3 1/12 89102DIS2 1/13 NX34FJD32 1/18 84RT3292A | 1/20 973DW53212/09 ACTIVITY SINCE LAST STATEMENT PAYMENT THANK YOU RECORD RECYCLER ANYTOWN, USA BEEFORAMA REST ANYTOWN, USA GREAT ESCAPES BIG CITY, USA DINO-GEL GASOLINE ANYTOWN, USA SHIRTS 'N SUCH TINYVILLE, USA - 168.80 14.83 30.55 27.50 12.26 40.10 1/18 2/09 125.24 (+) (+) 168.80 125.24 Previous balance Purchases Cash Advances Payments Credits FINANCE CHARGES Late Charges NEW BALANCE Current Amount Due Amount Past Due Amount Over Credit Line Minimum Payment Due (-) 168.80 20.00 (=) 125.24 FINANCE CHARGE SUMMARY PURCHASES Periodic Rate 1.65% Annual Percentage Rate 19.80% ADVANCES 0.54% 6.48% For Customer Service, Call: 1-800-XXX-XXXX For Lost of Stolen Card, Call: 1-800-XXX-XXXX 24-Hour Telephone Numbers Please make check or money order payable to Your First Bank, Include account number on frontStep by Step Solution
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