Suppose you have a revolving credit account at an annual percentage rate of 12%, and your previous monthly balance is $381.79. Find your new balance (in $) if your account showed the following...

Suppose you have a revolving credit account at an annual percentage rate of<br>12%, and your previous monthly balance is $381.79. Find your new balance<br>(in $) if your account showed the following activity. Use the unpaid balance<br>method. (Round your answer to the nearest cent.)<br>Statement of Account<br>Billing cycle: July 1–31<br>DATE<br>DESCRIPTION OF TRANSACTIONS<br>CHARGES<br>July 04<br>Kit and Capoodle Pets<br>$109.08<br>July 08<br>Payment<br>61.00<br>July 16<br>Cash advance<br>94.82<br>July 22<br>Mountain Vineyards<br>31.37<br>July 29<br>Vu Video (credit)<br>97.97<br>%24<br>

Extracted text: Suppose you have a revolving credit account at an annual percentage rate of 12%, and your previous monthly balance is $381.79. Find your new balance (in $) if your account showed the following activity. Use the unpaid balance method. (Round your answer to the nearest cent.) Statement of Account Billing cycle: July 1–31 DATE DESCRIPTION OF TRANSACTIONS CHARGES July 04 Kit and Capoodle Pets $109.08 July 08 Payment 61.00 July 16 Cash advance 94.82 July 22 Mountain Vineyards 31.37 July 29 Vu Video (credit) 97.97 %24

Jun 02, 2022

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Suppose you have a revolving credit account at an annual percentage rate of 12%, and your previous monthly balance is $381.79. Find your new balance (in $) if your account showed the following...

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