ALGEBRA Assignment help- Jose Martinez has a credit card that uses the unpaid balance method to compute his finance charge

1. ALGEBRA Jose Martinez has a credit card that uses the unpaid balance method to compute his finance charge. His statement had a previous balance of $329.00, payments of $230.00, and a finance charge of $1.88. To the nearest hundredth percent, what monthly periodic rate is he being charged?
A) 0.3%B) 1.0%C)1.75%D)1.9%
2. ALGEBRA Sophie Housman’s charge account uses the unpaid balance method to compute the finance charge at a monthly periodic rate of 1.75%. During the month, she charged $224.56, made a $300 payment, and had an $8.70 finance charge. What was Sophie’s unpaid balance?
A) $497.14B) $299.75C) $156.32D) $75.44
3. ALGEBRA Dwight Thom’s charge account uses the unpaid balance method to compute the finance charge at a monthly periodic rate of 1.8%. During the month, he charged $458.25, made a $600.00 payment, and had a $9.12 finance charge. What was Dwight’s unpaid balance?
A) $412.36B) $506.67C) $685.96D) $7,875.00
4. ALGEBRA Shahil Leekhas’s credit card finance charge is based on the average-daily balance method, new purchases included. His monthly periodic rate is 2.1% and her finance charge for the past billing cycle was $32.00. Find his avrege daily balance.
A) $1,523.81B) $825.14C) $672.00D) $67.20
5. The table below shows the activity on Katrina James charge account . The finance charge is computed at 2% of the average daily balance, new purchases included. The billing period is from March 1-31. Katrina’s previous balance was $220.15. What is Katrina’s new balance?
$75,00 payment on 3/5$320.15 purchase on 3/15$200.00 payment on 3/20
A) $303.18B) $270.36C) $420.36D) $620.36

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