Question:

Your credit card company uses the Unpaid Balance Method.

Last updated: 7/20/2022

Your credit card company uses the Unpaid Balance Method.

Your credit card company uses the Unpaid Balance Method. Determine the finance charge at the end of the month for the following of transactions. Assume the interest rate is 12%. Previous Balance: $275.48 New Purchases: $429.95 . Return Credit: $106.99 Payment: $200.00