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

question 50

Multiple Choice

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

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Definitions:

Union Blockade

A naval strategy used by the Union during the American Civil War to prevent the Confederacy from trading by sea, aiming to weaken the southern states economically.

Confederate Blockade

Describes the effort by the Confederate States during the American Civil War to prevent the Union from shipping supplies to its forces via certain ports, notably through the use of naval blockades.

Dilemma

A situation in which a difficult choice has to be made between two or more alternatives, often involving equally undesirable outcomes.

Federal Government

The national government of a federal country, where powers are divided between the central authority and constituent political units.