Question

You owe $488.32 on your credit card. Because you have not paid your bill on time, you have to add a past due charge of $29, an over limit fee of $50, and a service charge of 11% of the amount owed on the credit card (without the past due charge and over limit fees). If you wish to send a check for the full amount immediately, how much should you write the check for? Round your answer to the nearest cent, if necessary.

Answer 1

I understand that I owe $488.32 on my credit card, plus a past due charge of $29, an over limit fee of $50, and a service charge of 11% of the amount owed on the credit card (without the past due charge and over limit fee). This brings my total amount due to $619.54.