Question

Previous balance = $34.80 Finance charge = $0.75 New purchases = $83.21 Payments/credits = $5.50 New balance =

Answer 1

New balance
34.80+0.75+83.21−5.50=113.26

Answer 2

The new balance is 113.26

Explanation:

You would have to sum of Previous balance plus Finance charge plus New purchases. Then, the payments/credits will need to be substracted from that as it is an outstanding balance you have. The new balance would be the result of that:

34.80+0.75+83.21-5.50=113.26