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Catherine has an unpaid balance on her credit card of $345.38. She has new charges of $195.65 this month and her monthly interest rate on the unpaid balance is 1.75%. What is the total balance on her monthly
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Catherine has an unpaid balance on her credit card of $345.38. She has new charges of $195.65 this month and her monthly interest rate on the unpaid balance is 1.75%. What is the total balance on her monthly bill (to the nearest whole cent)?

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New balance
345.38+195.65+((345.38×(0.0175÷12))
=541.53
User Minnur
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