Question

7. chip used his credit card to buy work tools. he spent $125. he returned one tool for $36. he had a previous balance of $212 and a finance charge of $4.30. this month chip will pay $130. what will be the new balance on his statement?

Answer 1

Explanation:

He did not pay the card in full the previous month, so he will have to pay a finance charge. If the APR is 19.2%, what is his finance charge? 778-12x9+1876 x 8