5. For the month of January, Christina has an unpaid balance of $846.50 from December. Purchases for the month were $532.86 and a payment of $350.00 was made during the month. If the interest on the unpaid 2% balance is 2% per month, find the finance charge and the balance on February 1. (846.50) (.02) Int. 16.93 6. A credit card sta r the month of November showed the following transactions: November 1 November 4 November 13 revious Balance $937.25 937.25x3-2811.75 urchases $531.62 1468.87x9-13.219.83 ayment $400.00 1068.87X7-7487.09 November 20 Purchases $89.95 1158.82 x8 9270.56 November 28 Payment $100.00 1058.82x22117.64 34.901.87 (a) Find the aver daily balance. 1901.87 F
5. For the month of January, Christina has an unpaid balance of $846.50 from December. Purchases for the month were $532.86 and a payment of $350.00 was made during the month. If the interest on the unpaid 2% balance is 2% per month, find the finance charge and the balance on February 1. (846.50) (.02) Int. 16.93 6. A credit card sta r the month of November showed the following transactions: November 1 November 4 November 13 revious Balance $937.25 937.25x3-2811.75 urchases $531.62 1468.87x9-13.219.83 ayment $400.00 1068.87X7-7487.09 November 20 Purchases $89.95 1158.82 x8 9270.56 November 28 Payment $100.00 1058.82x22117.64 34.901.87 (a) Find the aver daily balance. 1901.87 F
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
Related questions
Question
Transcribed Image Text:5. For the month of January, Christina has an unpaid balance of $846.50 from December. Purchases for the
month were $532.86 and a payment of $350.00 was made during the month. If the interest on the unpaid 2%
balance is 2% per month, find the finance charge and the balance on February 1.
(846.50) (.02)
Int. 16.93
6. A credit card sta
r the month of November showed the following transactions:
November 1
November 4
November 13
revious Balance
$937.25
937.25x3-2811.75
urchases
$531.62
1468.87x9-13.219.83
ayment
$400.00
1068.87X7-7487.09
November 20
Purchases
$89.95
1158.82 x8 9270.56
November 28
Payment
$100.00
1058.82x22117.64
34.901.87
(a) Find the aver daily balance.
1901.87
F
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