The table below shows a summary of Henry s credit card statement for the month...
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The table below shows a summary of Henry s credit card statement for the month of October Transaction types Amount Unpaid balance from September Beginning balance on October 1 1986 03 Purchases made during the month of October 204 75 Payments made during the month of October 346 70 Complete the parts below Write your answer to the nearest cent a Suppose the credit card company charges 1 7 monthly interest on the unpaid balance from September How much interest will this be b What will Henry s unpaid balance be on his November 1 statement Assume that this balance will include the interest from part a but will not include any interest on his October balance yet
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