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