Lanny's credit card has an apr of 33%, calculated on the previous monthly
balance. his credit card record for the last 7 months is shown in the table
below.
end of previous new payment finance principal new
month balance charges received charges paid balance
$0.00
$47.00
$0.00 $0.00 $0.00 $47.00
$47.00 $182.00 $44 22 $1.29 $42.93 $186.07
$186.07 $34.00 $225.19 $5.12 $220.07 $0.00
$0.00 $98.00 $69.43 $0.00 $69.43 $28.57
$28.57 $101.00
$22.98
$0.79 $22.19 $107.38
$107.38 $21.00 $57.00 $2.95 $54.05 $74.33
$74 33 $99.00 - $91 98 $2.04 $89.94
?
vo awn
what is the new balance at the end of month 7?