Question

The balance on Charity’s charge account is $224.15 after she charges $87.50 at her favorite store. When the bill arrives, she pays $50. The interest rate is 1.4% on the unpaid balance. What will hernew balance be next month? Show all work.

Answer 1

For the answer to the question above asking what will her new balance be next month if Charity’s charge account is $224.15 after she charges $87.50 at her favorite store. When the bill arrives, she pays $50. The interest rate is 1.4% on the unpaid balance?

The balance on Charity’s charge account is $224.15 after she charges $87.50 at her favorite store