You Have a Credit Card with NewBank

question 99

Multiple Choice

You have a credit card with NewBank.Calculate the new balance as of January 10 after considering the finance charge for the month which is a 1.5% monthly rate based on the average daily balance and the following purchases/payments.Your outstanding balance on December 10th is $423 and your statement extends from December 10 through January 10.

• A) $1,346.52
• B) $1,348.20
• C) $1,328.00
• D) $41,742
• E) none of the above

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Definitions:

Clinical Decision

A judgment made by healthcare professionals based on a comprehensive assessment of patient information and evidence to guide patient care and treatment.

Defense Mechanism

Psychological strategies unconsciously used to protect oneself from anxiety arising from unacceptable thoughts or feelings.

Overusing

The excessive or improper use of something, which can lead to undesirable effects or depletion of resources.

Behavior

The actions or reactions of an individual, in response to external or internal stimuli, visible to others.