Kimberly has a revolving credit account at an annual percentage rate of 15%. Her previous monthly balance is $744.19. Find the new balance if Kimberly's account showed the following activity. (Use the...


Kimberly has a revolving credit account at an annual percentage rate of 15%. Her previous monthly balance is $744.19. Find the<br>new balance if Kimberly's account showed the following activity. (Use the unpaid balance method.)<br>STATEMENT OF ACCOUNT Billing cycle: May 1-31<br>May 7<br>Cleaning Supplies<br>$ 88.76<br>May 10<br>Payment<br>115.00<br>May 14<br>Jim's Appliance (credit)<br>290.72<br>May 19<br>Jen's Catering<br>354.12<br>May 28<br>Jackie's Garage<br>783.92<br>$783.92<br>O $1,574.57<br>$2,000.00<br>O $2,386.01<br>

Extracted text: Kimberly has a revolving credit account at an annual percentage rate of 15%. Her previous monthly balance is $744.19. Find the new balance if Kimberly's account showed the following activity. (Use the unpaid balance method.) STATEMENT OF ACCOUNT Billing cycle: May 1-31 May 7 Cleaning Supplies $ 88.76 May 10 Payment 115.00 May 14 Jim's Appliance (credit) 290.72 May 19 Jen's Catering 354.12 May 28 Jackie's Garage 783.92 $783.92 O $1,574.57 $2,000.00 O $2,386.01

Jun 04, 2022
SOLUTION.PDF
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here
Have files?