Question

Petes unpaid credit card balance is $3529.30. His APR is 18.6%, and he made ine new transaction for $148. What is his new balance?

Answer 1

 3529.30 + (.186 * 3529.3 + 148) = 4333.7498 rounded up to 4333.75. so the new balance is $4333.75.

Answer 2

In this exercise we have to use our knowledge of finance to calculate the total value of the transition, so we have to:

$\ 4333.75$

Organizing the information given in the statement, we find that:

• Credit card balance is $3529.30
• APR is 18.6%
• new transaction for $148

With the information given above we can calculate as:

$3529.30 + (.186 * 3529.3 + 148) = 4333.75.$

See more about finances at brainly.com/question/10024737