Mathematics, 19.11.2020 14:00 lucygperez7946
Hafiz used credit card to make a payment of RM2 500. He didn't make any repayment after he received the monthly statement. It is given that the finance charge and late payment charge are 15% per annum and 1% of the outstanding balance respectively. Find the total outstanding balance on next month.
A. RM2 500.00
B. RM2 525.00
C. RM2 531.25
D. RM2 556.25
Answers: 2
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