﻿ Katie had an unpaid balance of \$1,734.50 on her credit card statement at the beginning of January. She made a - Science Mathematics
Katie had an unpaid balance of \$1,734.50 on her credit card statement at the beginning of January. She made a
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# Katie had an unpaid balance of \$1,734.50 on her credit card statement at the beginning of January. She made a

[From: ] [author: ] [Date: 11-05-16] [Hit: ]
50 + \$109.87 = \$1679.\$1679.37 is her balance as of February.......
Katie had an unpaid balance of \$1,734.50 on her credit card statement at the beginning of January. She made a payment of \$165.00 during the month. If the interest rate on Katie's credit card was 7% per month on the unpaid balance, find the finance charge and the new balance on February 1

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\$1,734.50 - \$165 = \$1569.50
\$1569.50 x .07 = \$109.87 (rounded up)
\$1569.50 + \$109.87 = \$1679.37

\$1679.37 is her balance as of February.
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