Mathematics, 01.03.2021 06:00 derrishamckenzie22
Calculate the unpaid balance, finance charge, and new balance using the unpaid balance method.
Note: Interest rate is given as a monthly rate.
Previous balance = $179.32
Payments/credits = $85.00
Unpaid balance = $
Monthly rate = 1.25%
Finance charge - $
New purchases = $117.42
New balance = $
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Calculate the unpaid balance, finance charge, and new balance using the unpaid balance method.
Note...
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