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GodBlessYou

  • 2 years ago

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?

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  1. NUTRIGRAINISGOOD
    • 2 years ago
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    $3686.5

  2. GodBlessYou
    • 2 years ago
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    How did you get that answer?

  3. GodBlessYou
    • 2 years ago
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    I think that is the wrong answer

  4. NUTRIGRAINISGOOD
    • 2 years ago
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    4000-350. You then find 1.8% of 4000. And then add 72 dolllars to 3650. And my bad it is $3,726.

  5. GodBlessYou
    • 2 years ago
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    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!

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