Register

Unpaid balance method: previous balance: $1280 payment: $200 new purchases: $52 and $48 periodic rate: 1.6% what is the new balance?

Unpaid balance method: previous balance: $1280 payment: $200 new purchases: $52 and $48 periodic rate: 1.6% what is the new balance?
104k views
4 votes
Unpaid balance method: previous balance: $1280 payment: $200 new purchases: $52 and $48 periodic rate: 1.6% what is the new balance?

User Isundil
by
7.2k points

1 Answer

2 votes
New balance
1,280−200+(52+48)+1,280×(0.016÷12)
=1,181.71
User Wogan
by
7.7k points
← Prev Question Next Question →

Related questions

User Anuvrat Parashar
asked Sep 4, 2024 47.6k views
If the simple interest on $2000 for 8 years is $1280, then what is the interest rate
Anuvrat Parashar asked Sep 4, 2024
by Anuvrat Parashar
8.8k points
1 answer
3 votes
47.6k views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!