Alexander has a previous balance of $982 on a credit card with a 19.2% APR compounded monthly. If he made a payment of $73 this month, what

Question

Alexander has a previous balance of $982 on a credit card with a 19.2% APR compounded monthly. If he made a payment of $73 this month, what is the new balance on his credit card?

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Thanh Thu 4 years 2021-08-10T20:23:19+00:00 1 Answers 12 views 0

Answers ( )

  1. bonexptip
    0
    2021-08-10T20:25:10+00:00
    Reply

    Answer:
    The new balance is $924.71

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