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Gary's unpaid credit card balance is 2543.32. His APR is 17.4%, and he made one new translation for 320

What is his new balance

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  1. 23 May, 17:54
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    New balance = unpaid balance + periodic interest of unpaid balance + new transaction

    Periodic interest rate = APR/12

    = 17.4%/12

    = 1.45%

    unpaid credit card balance = 2543.32

    new transaction = 320

    New balance = 2543.32 + (0.0145 x 2543.32) + 320

    New balance credit card balance = 2900.19814
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