Derrick statement shows a previous balance of 3264.75 a payment of 180 and a new transaction totalling 134 what is his new balance if his Apr is 13.2%

To compute for the Derricks new balance:

New balance = previous balance + interest of previous balance-payment + new transaction

where

previous balance = 3264.75

interest of previous balance = 3264.75x (APR/12) = 35.91225

APR=13.2%/12, 1.1%

payment = 180

new transaction = 134

new balance = 3254.66225

Derricks new balance in his account is 3254.66225.