Calculate the finance charge and new balance using the previous balance method. Previous balance $199.19 Annual rate = 14% Finance charge $2.32 New purchases $97.50 Payments/credits $75.75 New balance=$ 195.00

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 68SGR
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Odysseyware
LEARN
MESSAG
Assignment 13. Quiz 3
Aton o2
ASSIGNMENTS
COURSES
SEC
1.
4
7.
8.
Calculate the finance charge and new balance using the previous balance method.
Previous balance = $199.19
Annual rate = 14%
Finance charge = $ 232
New purchases $97.50
Payments/credits = $75.75
New balance = $ 195.00
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Transcribed Image Text:Odysseyware LEARN MESSAG Assignment 13. Quiz 3 Aton o2 ASSIGNMENTS COURSES SEC 1. 4 7. 8. Calculate the finance charge and new balance using the previous balance method. Previous balance = $199.19 Annual rate = 14% Finance charge = $ 232 New purchases $97.50 Payments/credits = $75.75 New balance = $ 195.00 NEXT QUESTION ASK FOR HELP
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