If you are going to buy and item for $25 and you want to find out the final price including the 11.5% of IVU, you will have what we call a mark up. This is, there is an increase in price. Complete the sentence:
To find the final price for my item I will multiply my price times
(Growth factor)

unpaid balance is : $149.99-$50 = $99.99 new balance = 149.99+2.62-50 = $102.61 finance charge = 99.99- 0.21/12= $1.75 new balance = 99.99+1.75 = $101.74 average daily balance method average daily balance= 3399.70/30 = $113.32 finance charge = $ 0.21/12ă—113.32 = $1.98 new balance = $149.99-50+1.98 = $101.97