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eburnhisel2023
28.07.2019 •
Mathematics
The new balance of a charge account is $145.00. the minimum payment is $20.00. if the interest rate is 1.5%, how much will the new balance be next month?
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Ответ:
Remember that percent means out of 100. 1.5% means 1.5/100 = .015
To find 1.5% of 125 we multiply (.015)(125) = 1.875 But as this is money the interest is rounded to two decimal places and so is $1.88
We add this to 125 to get next month’s balance which is 125 + 1.88 = $126.88
Ответ: