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Credit Account Balance Assignment | Homework For You

Author:
May 26th, 2020
Kimberly has a revolving credit account at an annual percentage rate of 15%. Her previous monthly balance is $784.19. Find the new balance if Kimberly’s account showed the following activity. (Use the unpaid balance method)
Homework For You
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) 210.72
May 19 Jen’s Catering 354.12
May l 28 Jackie’ Garage 723.92

 

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