Question

Tom's new credit card has a $35 annual membership fee due in September. In August, Tom received a credit card bill totaling $45 and was only able to pay the $20 minimum payment before the due date. How much balance will show up on Tom's credit card in September if the introductory APR of 0% still applies and the late fee is $30?

Answer 1

youre mad dmb bro its 90 so

Explanation:

Tom's new credit card has a $35 annual membership fee due in September

Tom received a credit card bill totaling $45 and was only able to pay the $20 minimum payment before the due date.

How much balance will show up on Tom's credit card in September if the introductory APR of 0% still applies and the late fee is $30?

35+25+30=90

Answer 2

Tom will be $25 short in August.  Thus, he will have to pay that $25, plus the $30 late fee, in September.  That's a total of $55.