Ruth’s credit card has an apr of 10.91%, and it computes finance charges using the previous balance method on a 30-day billing cycle. during the april billing cycle, she made a $45.17 payment on april 10th and a $88.34 purchase on april 17th. her total at the start of may was $847.64. what was her balance at the beginning of april

Balance at the beginning of April = $796.83

Step-by-step explanation:

Let the balance at the beginning of April be "X"

The monthly interest rate = 0.1091/12

(X-45.17+88.34)*(1+0.1091/12) = 847.64   (Since she pays 45.17 and then takes on additional credit of 88.34)

(X+43.17)*1.009091667 = 847.64

X+43.17 = 847.64/1.009091667 = 840

X = 840-43.17

X = 796.83

Balance at the beginning of April = $796.83

The answer is "$797.22" in EDG

Step-by-step explanation:

hope this .

r3t40

answer: 193

explanation:

200-7 = 193