Terrell Davids' charge account statement shows an unpaid balance of $110.00. The monthly finance charge is 2 percent of the unpaid balance. What is the new account balance?
a.$111.01
c.$111.59
b.$112.20
d.$111.75
Update:Tasheka Quinn is buying a new couch for $989.00. She made a down payment of $200.00 and financed the remainder. What amount did she finance?
a.$799.00
b.$789.00
c.$877.00
d.$766.00
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Answers & Comments
Verified answer
Really?
A - ($110 * .02) + $110
or
$110 * 1.02
B. Subtract...
Your other question said you only needed help with one question. Did you fall asleep in class?