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Solve the Problem. -Yuri Used His Credit Card in May to Purchase the to Purchase

Question 177

Multiple Choice

Solve the problem.
-Yuri used his credit card in May to purchase the following items: tent ($385) , sleeping bag ($100) , Camping stove ($31) , and backpack ($153) . On June 1, Yuri makes a payment of $337 and makes no Other charges on this credit card. The bank that issues the card charges 1.9% interest per month. What is the balance due on July 1?


A) $681.71
B) $338.31
C) $422.89
D) $324.78

Correct Answer:

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