Use the following rates and payments table. Monthly Rate Unpaid balance New balance Minimum payment $10 New Purchases $87.53 Up to $500 Over $500 Under $200 Over $200 5% of new balance Previous Balance $34.16 Find the following. (Round your answers to the nearest cent.) (a) the finance charge for the month $ (b) the new balance $ 1% (c) the minimum monthly payment $

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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Use the following rates and payments table.
Monthly Rate
Previous
Balance
$34.16
Unpaid balance
New balance
Minimum payment $10
New
Purchases
$87.53
1
(b) the new balance
$
2010
1%
Up to $500 Over $500
Under $200
Over $200
5% of new balance
Find the following. (Round your answers to the nearest cent.)
(a) the finance charge for the month
$
(c) the minimum monthly payment
$
Transcribed Image Text:Use the following rates and payments table. Monthly Rate Previous Balance $34.16 Unpaid balance New balance Minimum payment $10 New Purchases $87.53 1 (b) the new balance $ 2010 1% Up to $500 Over $500 Under $200 Over $200 5% of new balance Find the following. (Round your answers to the nearest cent.) (a) the finance charge for the month $ (c) the minimum monthly payment $
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