Solve the problem. Round to the nearest cent.James has a credit card with a monthly rate of 1.2%. The account applies the unpaid balance method. His unpaid balance for the Mar billing cycle is $783.50. During the billing cycle he made purchases of $439.21, returned items for $10.47, and made a payment of $225.00. Find the new balance.

A. $1017.58
B. $213.14
C. $1007.11
D. $996.64


Answer: D

Mathematics

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Mathematics

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Mathematics