Here's the question you clicked on:
GodBlessYou
Larry Bubach owed a credit card company $4,000. He paid $350 one month and did not charge any new items. He is charged 1.8% monthly interest on the unpaid balance. How much will his new balance be?
How did you get that answer?
I think that is the wrong answer
4000-350. You then find 1.8% of 4000. And then add 72 dolllars to 3650. And my bad it is $3,726.
Thank you!! :D I new it was an easy enough problem but it wasn't sure about the process to get the answer thank you!