Homework Answers
10)
| Credit card beginning balance | $ 70.00 |
| Add: Books purchased | $ 400.00 |
| Add: Finance charge | $ 1.05 |
| Less: Payment | $ 250.00 |
| Less: Returns | $ 50.00 |
| New balance on statement | $ 171.05 |
Add Answer to:
QUESTION 10 2 points Save Answer Manisha used her credit card to buy school books for...
Find the new balance for the area with the question mark. Use your calculator if you...
Find the new balance for the area with the question mark. Use your calculator if you like. 200 TTI QUESTION Find the new balance for the area with the question mark. Use your calculator if you like. QUESTION 10 2 points Save Answ Manisha used her credit card to buy school books for $400. Later, she returned one book for $50. Manisha had a previous balance of $70. When Manisha got her new monthly statement, it showed a payment of...
20 22) Crystal Britt's credit card company charges an APR of 21 percent applied at a...
20 22) Crystal Britt's credit card company charges an APR of 21 percent applied at a monthly periodic rate on the previous balance. Crystal's December statement showed: previous balance, $397.90, new purchases, $341.80; fees, $55, payments, $500; and purchase returns, $56.99. What is her finance charge for December? A) $83.52 B) $6.96 $49.92 D) $4.16 20 22) Crystal Britt's credit card company charges an APR of 21 percent applied at a monthly periodic rate on the previous balance. Crystal's December...
#1.) Here is a sample credit card statemet. Use the CARD Statement to answer problems a-...
#1.) Here is a sample credit card statemet. Use the CARD Statement to answer problems a- d. CARD Statement Account Number 1234 1234 1234 1234 O Statement Closing Date 11/06/08 Credit Line $2,100.00 Available Credit $1,576.80 TERESA TORRES 123 ANY STREET CITY CA 12345 o Account Summary Previous Balance - Credits - Payments + Purchases & Other Chgs - Cash Advances • FINANCE CHARGE - New Balance Payment Information O New Balance O Scheduled Minimum Payment O Scheduled Payment Due...
20 22) Crystal Britt's credit card company charges an APR of 21 percent applied at a...
20 22) Crystal Britt's credit card company charges an APR of 21 percent applied at a monthly periodic rate on the previous balance. Crystal's December statement showed: previous balance, $397.90, new purchases, $341.80, fees, $55, payments, $500, and purchase returns, 55699. What is her finance charge for December? A) $83.52 B) $6.96 $49.92 D) $4.16
Which of the following is an advantage of using credit cards
1. Which of the following is an advantage of using credit cards? (Points : 1) Credit card accounts charge monthly interest. It is very easy to charge more than you can pay off each month. If you pay late, you will be charged a late fee. They are convenient.2. The amount left when you subtract last month's payment from last month's balance on a credit card statement is the (Points : 1) APR. unpaid balance. new balance. minimum payment.3. The...
FIUVIJls 9. Amount subject to finance charge. The previous statement for your credit card had a...
FIUVIJls 9. Amount subject to finance charge. The previous statement for your credit card had a balance of $540. You make purchases of $150 and make a payment of $60. The credit card has an APR of 22%. What is the finance charge for this month?
I need the answer to problem 10. Credit card Payment Write a program to calculate the...
I need the answer to problem 10.
Credit card Payment Write a program to calculate the balance and minimum payment for a credit card statement. See Fig. 5.30. The program should use the event procedure Shown m Fig. 5.31. The finance charge is 1.5% of the old balance. If the new balance is $20 or less, the minimum payment should be the entire new balance. Otherwise, the mini-mum payment should he $20 plus 10% of the amount of the new...
Calculate the monthly finance charge for the credit card transaction. Assume that it takes 10 days...
Calculate the monthly finance charge for the credit card transaction. Assume that it takes 10 days for a payment to be received and recorded, and that the month is 30 days long. (Round your answers to the nearest cent.) $300 balance, 17%, $50 payment (a) previous balance method (b) adjusted balance method (average daily balance method
Calculate the monthly finance charge for the credit card transaction. Assume that it takes 10 days...
Calculate the monthly finance charge for the credit card transaction. Assume that it takes 10 days for a payment to be received and recorded, and that the month is 30 days long. (Round your answers to the nearest cent.) $500 balance, 17%, $50 payment (a) previous balance method $ (b) adjusted balance method $ (c) average daily balance method $.
Cody Lind’s most recent credit card statement follows. His finance charge is 18% APR. Calculate Cody’s...
Cody Lind’s most recent credit card statement follows. His finance charge is 18% APR. Calculate Cody’s average daily balance, finance charge and new balance. (Round your final answers to the nearest cent.) 30-day billing cycle 9/2 Billing date $1,090 previous balance 9/7 Payment $300 cr. 9/13 Charge: Kohl’s $450 9/17 Payment $300 cr. 9/28 Charge: WalMart 105 Average daily balance $ Finance charge $ New balance $
Find the new balance for the area with the question mark. Use your calculator if you like. 200 TTI QUESTION Find the new balance for the area with the question mark. Use your calculator if you like. QUESTION 10 2 points Save Answ Manisha used her credit card to buy school books for $400. Later, she returned one book for $50. Manisha had a previous balance of $70. When Manisha got her new monthly statement, it showed a payment of...
20 22) Crystal Britt's credit card company charges an APR of 21 percent applied at a monthly periodic rate on the previous balance. Crystal's December statement showed: previous balance, $397.90, new purchases, $341.80; fees, $55, payments, $500; and purchase returns, $56.99. What is her finance charge for December? A) $83.52 B) $6.96 $49.92 D) $4.16 20 22) Crystal Britt's credit card company charges an APR of 21 percent applied at a monthly periodic rate on the previous balance. Crystal's December...
#1.) Here is a sample credit card statemet. Use the CARD Statement to answer problems a- d. CARD Statement Account Number 1234 1234 1234 1234 O Statement Closing Date 11/06/08 Credit Line $2,100.00 Available Credit $1,576.80 TERESA TORRES 123 ANY STREET CITY CA 12345 o Account Summary Previous Balance - Credits - Payments + Purchases & Other Chgs - Cash Advances • FINANCE CHARGE - New Balance Payment Information O New Balance O Scheduled Minimum Payment O Scheduled Payment Due...
20 22) Crystal Britt's credit card company charges an APR of 21 percent applied at a monthly periodic rate on the previous balance. Crystal's December statement showed: previous balance, $397.90, new purchases, $341.80, fees, $55, payments, $500, and purchase returns, 55699. What is her finance charge for December? A) $83.52 B) $6.96 $49.92 D) $4.16
FIUVIJls 9. Amount subject to finance charge. The previous statement for your credit card had a balance of $540. You make purchases of $150 and make a payment of $60. The credit card has an APR of 22%. What is the finance charge for this month?
I need the answer to problem 10.
Credit card Payment Write a program to calculate the balance and minimum payment for a credit card statement. See Fig. 5.30. The program should use the event procedure Shown m Fig. 5.31. The finance charge is 1.5% of the old balance. If the new balance is $20 or less, the minimum payment should be the entire new balance. Otherwise, the mini-mum payment should he $20 plus 10% of the amount of the new...
Calculate the monthly finance charge for the credit card transaction. Assume that it takes 10 days for a payment to be received and recorded, and that the month is 30 days long. (Round your answers to the nearest cent.) $300 balance, 17%, $50 payment (a) previous balance method (b) adjusted balance method (average daily balance method
Most questions answered within 3 hours.
-
The free energy change for the following reaction at 25 °C, when
[Sn2+] = 1.17 M...
asked 2 minutes ago -
An MNE is this kind of industry when competition in one country
is essentially independent of...
asked 1 hour ago -
. For this set of questions, determine what
proportion of a normal distribution is located betweeneach...
asked 2 hours ago -
A college student is employed as a door-to-door newspaper
salesman. Historical data suggests that the student...
asked 3 hours ago -
MATLAB HW 11 problem using Switch Case and Input commands
Write a script file that calculates...
asked 2 hours ago -
Considering gravitational time dilation, calculate the time that
passes in Earth’s surface while 1 hour passes...
asked 3 hours ago -
Minitab Problem: Take the Lake Hume June rainfall data and find
use the processes outlined in...
asked 4 hours ago -
X Company is trying to decide whether to continue using old
equipment to make Product A...
asked 4 hours ago -
IN PYTHON ONLY !! Program 2: Re-work
program #5 (WeeklyHours) from the previous assignment such that...
asked 4 hours ago -
The average length of time between arrivals at a turnpike
toll-booth is 26 seconds. What is...
asked 6 hours ago -
(a) A piston at 6.1 atm contains a gas that occupies a volume of
3.5 L....
asked 7 hours ago -
Please answer true or false. Words
cannot be changed or added in to make it true...
asked 7 hours ago