Blake's credit card has an APR of 14%, calculated on the previous monthly
balance. His credit card record for the last 7 months is shown in the table
below.
End of Previous New Payment Finance Principal New
month
balance charges received charges
balance
$0.00 $57.00 $0.00
$0.00
$0.00
$57.00
$57.00 $267.00 $68.21 $0.67 $67.55 $256.46
$256.46 $154.00
$22.98 $2.99 $19.99 $390.47
$390.47 $19.00 $78.99
$74.43 $335.03
$335.03 $48.00 $209.01 $3.91 $205.10 $177.93
$177.93 $59.00 $42.09 $2.08 $40.01 $196.92
$196.92 $110.00 $124.43 $2.30 $122.13 $184.78
$4.56
On what amount of money will Blake be charged interest for month 8?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Blake's credit card has an APR of 14%, calculated on the previous monthly balance. His credit card record for the last 7 months is shown in ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
What is the equation of a line that is parallel to y=47x-3 and passes through (14, 4) ?
Answers (1)
The area of the shaded part of the figure below can be determined in different ways. Use the drop-down menus to explain how to find the area by decomposing the figure into rectangles or trapezoids. 5 in. 2 in 2 in.
Answers (1)
What is 15% of 60? I would like the anwser to this equation.
Answers (2)
a car traveled 36 miles in 45 minutes. the car traveled at a constant speed. it the car continues to travel at this rate which equation can be used to determine y the total number of miles the car will travel in hours?
Answers (1)
The product of two rational numbers can always be written as
Answers (1)
New Questions in Mathematics
3 times what equal 19?
Answers (1)
What types of quadrilaterals have congruent diagonals?
Answers (1)
Ali takes a full-time position as a makeup artist in Atlanta. Her starting salary is $29,000. Her taxes are 28%. What is her gross monthly income? a. $2,900 b. $3,840 c. $2,088 d. $2,416
Answers (1)
At a ice cream shop the ratio of sugar cones sold to waffle cones sold is 10:7. if there are 40 sugar cones sold. how many waffles cones would be sold
Answers (1)
Tiya has 7/9 of an apple pie. How many pieces, each 1/3 of a pie, can she get from that pie?
Answers (1)