Aaron Had an Unpaid Balance of $1427

question 43

Multiple Choice

Aaron had an unpaid balance of $1427.57 on his credit card statement at the beginning of August. He made a payment of $245.00 during the month, and made purchases of $205.97. If the interest rate on Aaron's credit card was 19.5% per month on the unpaid balance, find his finance charge and the new balance on September 1.

• A) Finance charge = $281.49; new balance = $1670.03
• B) Finance charge = $280.70; new balance = $1669.24
• C) Finance charge = $278.38; new balance = $1666.92
• D) Finance charge = $277.59; new balance = $1666.13

Compare different modes of training and their suitability for various training needs.

Acknowledge the importance of implementing efficient e-learning strategies.

Grasp the advantages and disadvantages of classroom training.

Understand the principle and effectiveness of mentoring in the workplace.

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Definitions:

Methylethanoate

An ester formed from methanol and acetic acid, known for its fruity smell and used in the manufacture of flavors and fragrances.

Ethylmethanoate

A chemical compound more commonly known as ethyl formate, an ester formed from ethanol and formic acid with the formula C3H6O2.

Structure

The arrangement of and relations between the parts or elements of something complex.