Mathematics, 04.03.2021 08:00, AbhiramAkella

Jakob has a previous balance of $861 on a credit card with a 20.8% APR compounded monthly. If he made a payment of $73 this month, what is the new balance on his credit card? (4 points) $1,040.09
$967.09
$802.92
$788.00

Answers: 1

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Jakob has a previous balance of $861 on a credit card with a 20.8% APR compounded monthly. If he made a payment of $73 this month, what is the new balance on his credit card? (4 points) $1,040.09 $967.09 $802.92 $788.00

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Jakob has a previous balance of $861 on a credit card with a 20.8% APR compounded monthly. If he made a payment of $73 this month, what is the new balance on his credit card? (4 points) $1,040.09
$967.09
$802.92
$788.00