Find the unpaid balance at the end of the month for the account.
- Finance rate is 1.5% on the unpaid balance.

Question

Quizplus · Accepted Answer

Without knowing the initial balance or any payments made, we cannot determine the exact unpaid balance at the end of the month. However, we can eliminate options A and B since they are both higher than option C. Option D is also higher than option C, but it is close enough that it could be a possible answer. However, since option C is significantly lower than the other answer choices, it is the best choice.

Find the Unpaid Balance at the End of the Month