need help with math right now:)?

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11. Use this information for questions 11-13.

On Holly’s credit card statement, her last balance was $102.57. She made a payment of $20, had new charges totaling $32.11, and pays a periodic rate of 1.23 percent. What is her unpaid balance?

(Points : 2)

$82.57

$114.68

$102.57

$122.57

12. What was Holly’s finance charge? (Points : 2)

$1.10

$1.02

$1.26

$1.41

13. What is Holly’s new balance? (Points : 2)

$102.67

$122.67

$115.70

$92.67

14. Diego borrowed $915 for nine months with monthly payments of $108.00. What is the amount of total payments? (Points : 2)

$1,023

$915

$1,002

$972

15. Nasir borrowed $420 for six months with $77 monthly payments. How much interest will he pay on this loan? (Points : 2)

$42

$77

$57

$52

16. Casey borrowed $814 for nine months, with payments of $105.50 monthly. What will he pay in interest? (Points : 2)

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$103.16

$105.80

$135.50

$122.40

2 Answers

  • Use this information for questions 11-13:

    On Holly’s credit card statement, her last balance was $102.57. She made a payment of $20, had new charges totaling $32.11, and pays a periodic rate of 1.23 percent.

    [11.] What is her unpaid balance?

    102.57 – 20 = 82.57

    —-> Her unpaid balance is $82.57

    [12.] What was Holly’s finance charge?

    82.57 * 0.0123 = 1.015611

    —-> Holly’s finance charge is $1.02

    [13.] What is Holly’s new balance?

    82.57 + 1.02 + 32.11 = 115.7

    —-> Holly’s new balance is $115.70

    [14.] Diego borrowed $915 for nine months with monthly payments of $108.00. What is the amount of total payments?

    108 * 9 = 972

    —-> The total amount of payment is $972

    [15.] Nasir borrowed $420 for six months with $77 monthly payments. How much interest will he pay on this loan?

    77 * 6 = 462

    462 – 420 = 42

    —-> The amount of interest he paid on the loan is $42

    [16.] Casey borrowed $814 for nine months, with payments of $105.50 monthly. What will he pay in interest?

    105.50 * 9 = 949.5

    949.5 – 814 = 135.5

    —–> The interest he pays is $135.50

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    RE :Need help with math right now:)?

    11. Use this information for questions 11-13.

    On Holly’s credit card statement, her last balance was $102.57. She made a payment of $20, had new charges totaling $32.11, and pays a periodic rate of 1.23 percent. What is her unpaid balance?

    (Points : 2)

    $82.57

    $114.68

    $102.57

    $122.57

    12. What was Holly’s finance charge? (Points : 2)

    $1.10

    $1.02

    $1.26

    $1.41

    13. What is Holly’s new balance? (Points : 2)

    $102.67

    $122.67

    $115.70

    $92.67

    14. Diego borrowed $915 for nine months with monthly payments of $108.00. What is the amount of total payments? (Points : 2)

    $1,023

    $915

    $1,002

    $972

    15. Nasir borrowed $420 for six months with $77 monthly payments. How much interest will he pay on this loan? (Points : 2)

    $42

    $77

    $57

    $52

    16. Casey borrowed $814 for nine months, with payments of $105.50 monthly. What will he pay in interest? (Points : 2)

    $103.16

    $105.80

    $135.50

    $122.40

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