Hafiz used credit card to make a payment of RM2 500. He didn't make any repayment after he received the monthly statement. It is given that the finance charge and late payment charge are 15% per annum and 1% of the outstanding balance respectively. Find the total outstanding balance on next month. A. RM2 500.00
B. RM2 525.00
C. RM2 531.25
D. RM2 556.25

you are saying it as if a fact, not a question, but yes, you would be correct? ; )

step-by-step explanation:

rick has $1400 and sally has $1500

step-by-step explanation:

to find amount of money rick has after 10 years :

principal = $1000 , time = 10 years , rate = 4% annually

to find amount of money sally has after 10 years :

her friend gives to pay her $50 per year, therefore money she has after 10 years = 50 × 10 = $500

also, sally gets $1000 after 10 years,

therefore, total amount of money sally has after 10 years = 500 + 1000 = $1500

so, after 10 years : rick has $1400 and sally has $1500

a

step-by-step explanation: