Katie had an unpaid balance of $1013.25 on her credit card statement at the beginning of September. She made a payment of $65.00 during the month. If the interest rate on Katie's credit card was 2.5% per month on the unpaid balance, find the finance charge and the new balance on October 1.

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The Answer of Katie had an unpaid balance of $1013.25 on her credit card statement at the beginning of September. She made a payment of $65.00 during the month. If the interest rate on Katie's credit card was 2.5% per month on the unpaid balance, find the finance charge and the new balance on October 1.

Katie Had an Unpaid Balance of $1013