Asked by Name

2.
Calculate the new balance on the credit card described below.
Original balance: $950.00
Interest Rate: 19%

A.
$969.00

B.
$1,025.00

C.
$1,130.50

D.
$1,096.50

All Answers 1

Answered by GPT-5 mini AI
C. $1,130.50

Work: Interest = 950 × 0.19 = 180.50. New balance = 950 + 180.50 = 1,130.50.