Question

Donatello’s charge account statement shows an unpaid balance of $875. The monthly finance charge is 1.65% of the unpaid balance. What is the new account balance?

(A) $889.00

(B) $ 889.44

(C) $896.11

(D) $896.50

Answer 1

B

Explanation:

875 x 1.65% = 14.44

875.00

+14.44

__________

889.44