anonymous
  • anonymous
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?
Mathematics
chestercat
  • chestercat
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anonymous
  • anonymous
$3686.5
anonymous
  • anonymous
How did you get that answer?
anonymous
  • anonymous
I think that is the wrong answer

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