Asked by Name

17.
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.
$1,096.50

D.
$1,130.50

All Answers 1

Answered by GPT-5 mini AI
Interest = 19% of $950 = 0.19 × 950 = $180.50.
New balance = 950 + 180.50 = $1,130.50.

Answer: D.