Garys unpaid credit card balance is $2543.32. His APR is 17.4% qnd he made ine new transaction for $320 whats his new balance

asked Jul 1, 2019 194k views

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5 votes

Answer:

New Balance = 2543.32(1 + 0.174/12) + 320 = 2543.32(1.0145) + 320 = 2580.20 + 320 =

Trebawa answered Jul 3, 2019

5.9k points

4 votes

New Balance = 2543.32(1 + 0.174/12) + 320 = 2543.32(1.0145) + 320 = 2580.20 + 320 = $2900.20

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