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Unit 8 Financial Literacy BOL PCMath1 1 - Rev. July 2020 4. Use the credit card statement below to answer the following: (I mark each)

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Unit 8 Financial Literacy BOL PCMath1 1 - Rev. July 2020 4. Use the credit card statement below to answer the following: (I mark each) Account number 5491 2324 1140 4951 Previous balance 2100 47 Period covered Jan 20 - Feb 17 2011 Payments/credits 2164 28 New balance 2069.12 Purchase/Adjustments 2132.93 Minimum payment 62.07 Credit limit 35000.00 Duo date February 28 2011 Credit available 32930.88 Statement closing date Feb 17 2011 Days in billing cycle 29 action date Posting date Description Reference # Account # Amount 01/21 01/22 Safeway 4378 4951 212.51 01/23 01/24 Nash Gym 8140 4951 54.88 01/25 01/26 SPCA 2151 4951 10000.00 01/28 01/29 Bike Shop 2609 4951 170.23 02/07 02/08 Thrifty's 5363 4951 126.13 02/11 02/12 London Drugs 2597 4951 89 95 02/14 02/15 Dental Care 1209 4951 479.23 Charges this period 2132.93 Payments and other credits 12/14 01/15 Home Sense 4212 4212 63.81 01/19 01/19 Payment 4378 4378 2100.47 Interest charges this period at 19.99% annually Interest charges on cash at 19.99% annually 0 Balance due 2069.12 a) What was the previous balance and how much of it was paid off? b) What is the credit limit? c) How much credit was remaining as of Feb 13th? Show your work. d) Were there any finance charges or cash advances taken this period? e) What does the credit card company charge on outstanding balances? f) What is the due date

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