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question number 5: use the summary selection of the monthly credit card statement below to calcuate the finance charges a. $33.54 b. $12.98 c.10.06 d.

question number 5: use the summary selection of the monthly credit card statement below to calcuate the finance charges
a. $33.54
b. $12.98
c.10.06
d. 9.38
image text in transcribed
Use the summary section of the monthly credit card statement below to calculate the finance charge. SUMMARY Previous Balance $750,00 Payments 1 Credits $70.00 Finance Charge ? New Balance Transactions $110.00 Late Charge $0.00 Average Daily Balance $805.00 Minimum Payment $40.00 Monthly Periodic Rate 1.25% # Days in Billing Cycle 30 APR 15% A. 533.54 8 $12.98 C$10.06 D 59.38

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