Susan Has a Credit Card with a Monthly Rate of 1.4

question 67

Multiple Choice

Susan has a credit card with a monthly rate of 1.4%. The account applies the unpaid balance method. The unpaid balance for her Apr billing cycle is $415.20. During the billing cycle she made purchases of $189.36 returned items for $17.08, and made a payment of $60.00. Find the new balance.

• A) $567.45
• B) $118.09
• C) $533.29
• D) $550.37

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Definitions:

Autotelic

An activity or action that is done for its own sake, because the experience itself is rewarding.

Telegraphic

Describes a concise and clear communication style, often omitting unnecessary words, similar to old telegraph messages.

Autographic

Refers to a method or device that records or graphs data automatically.

Existential Awareness

The conscious understanding and consideration of one’s existence, mortality, and the meaning of life.