Respuesta :

Unpaid balance-94.32
Finance charge-1.18
New balance-212.92

Answer:

The answer is $212.92

Step-by-step explanation:

Given values are :

Previous balance = $179.32

Payments/credits = $85.00

So, Unpaid balance is = [tex]179.32-85[/tex] = $94.32

Monthly rate = 1.25%  or 0.0125

Finance charge = 0.0125*94.32 = $1.179

New purchases = $117.42

So, new balance will be = 117.42+94.32+1.179 = $212.919 ≈ $212.92

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