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Andre Moore's charge card account has a previous balance of $787.29. Moore made a $100.00 payment. The new purchases include $47.97 and $49.28; with a finance charge of $11.81. What is the new balance?
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13 votes
Andre Moore's charge card account has a previous balance of $787.29. Moore made a $100.00 payment. The new purchases include $47.97 and $49.28; with a finance charge of $11.81. What is the new balance?​

User Flordeliz
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7.6k points

1 Answer

13 votes

Answer:

$796.35

Explanation:

new balance = previous balance - payments + finance charge + purchases

⇒ new balance = 787.29 - 100 + 47.97 + 49.28 + 11.81 = 796.35

User Pyramation
by
7.8k points
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