Solve the problem.
-In June, Carla charged the following expenses to her credit card: winter coat ($239), jeans ($130), And shoes ($77). On July 1, she makes a payment of $200 and makes no other purchases with this Credit card. The bank that issues the card charges 1.2% interest per month. What is the balance due On August 1?
A) $451.35
B) $234.01
C) $266.38
D) $248.95

Question

Quizplus · Accepted Answer

First, add up all the purchases: $239 + $130 + $77 = $446. Then, subtract the payment she made: $446 - $200 = $246. Next, calculate the interest for one month: $246 * 1.2% = $2.95. Finally, add the interest to the balance: $246 + $2.95 = $248.95.

Solve the Problem. -In June, Carla Charged the Following Expenses to Her Credit