Question

Here is Mary's credit card statement for the month of June. Date Transaction June 1 Beginning balance June Purchase June 23 Payment June 26 Purchase Transaction amount $2150.30 $600.50 $984.00 $450.52 (a) Use the credit card statement to help fill in the table below. Note that there are 30 days in June. Also, a purchase increases the unpaid balance, and a payment decreases the unpaid balance. Transaction Unpad Date Transaction Number of days at that balance Unpaid Number amount balance balance of days June 1 Beginning balance $2150,30 $2150,308 days (from one through June 8) $17.202.40 June 9 Purchase $600.50 $2750.80 13 days (from June through line 22) June 23 Payment 5984.00 $. 3 days (from June 23 through ne 25) SI June 26 Purchase $450.52 SI 5 days from June 26 through e 30) S Total: 30 days TotalS

Answer 1

Answer:

Date	Transaction	Transaction Amount	Unpaid balance	No. of days at the that balance	Unpaid balance x No. of days
June1	Beg. bal.	2,150.30	2,150.30	8	17,202.40
June9	Purchase	600.50	2,750.80	14	38,511.20
June23	Payment	984	1,766.80	3	5,300.40
June26	Purchase	450.52	2,217.32	5	11,086.60
	TOTAL			30	72,100.60

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