Tara Fields' credit card company uses the previous balance method to calculate finance charges. It has an APR of 17% and uses a monthly periodic rate rounded to the nearest ten-thousandth. Tara's credit card statement for April showed a previous balance of $281.67, new purchases and fees of $112.93, and payments and credits of $200.00. What is Tara's finance charge for April and her new balance?
$4.00, $198.60
You might also like to view...
The SEC uses its authority to establish accounting standards, while also enforcing regulations on companies, exchanges, and investors
Indicate whether the statement is true or false
______ occurs when people are indifferent to a task and make only the minimal effort necessary to complete a goal.
A. Compliance B. Resistance C. Adherence D. Commitment
The two most powerful keys to audience comprehension and retention during a presentation are good organization and ________
A) professionally designed slides B) intentional repetition C) a structured question-and-answer period at the end of the presentation D) a dynamic and entertaining presentation style
________ are obstacles in which the design of organization structure, information processing, and reporting relationships, impede the proper flow and evaluation of information.
A. Political barriers B. Behavioral barriers C. Systemic barriers D. Barriers to entry