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You have a credit card with an APR of 24%. Your previous statement for your credit card had a previous balance of $578. You make
You have a credit card with an APR of 24%. Your previous statement for your credit card had a previous balance of $578. You make purchases of $202 and make a payment of $97. Complete the following sentences. If needed, round each final answer to the nearest penny and do not include the $ in your answers.
- The amount subject to the finance charge is $ Blank 1. Calculate the answer by read surrounding text. .
- The finance charge for the month would be $ Blank 2. Calculate the answer by read surrounding text. .
- The new balance on your credit card would be $ Blank 3. Calculate the answer by read surrounding text. .
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