subject
Mathematics, 26.01.2020 00:31 iaminu50

Lanny's credit card has an apr of 33%, calculated on the previous monthly
balance. his credit card record for the last 7 months is shown in the table
below.
end of previous new payment finance principal
new
month balance charges received charges paid balance
$0.00 $47.00 $0.00 50.00 $0.00 $47.00
$47.00 s182 00 $44.22 $1.29
$42.93
$186.07
$186.07 $34.00 $225. 19
$5.12
$220.07 $0.00
$0.00 $98.00 $69.43 $0.00 $69.43 $28.57
$28.57
$101 00 $22.98 50.79 $22 19 $107.38
$107 38
s21.00
$57.00
$2.95
$54 05 $74 33
$74 33 599.00 $91.98
$89.94
$2.04
what is the new balance at the end of month 7?

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Answers: 3

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Lanny's credit card has an apr of 33%, calculated on the previous monthly
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