Respuesta :
Past due balance = $87.50
Late fee = 15% of $87.50 = 0.15*87.50 = $13.125
New charges = $75.00
New total = 87.50 + 13.125 + 75 = $175.625
Answer: The new total is $175.63
Late fee = 15% of $87.50 = 0.15*87.50 = $13.125
New charges = $75.00
New total = 87.50 + 13.125 + 75 = $175.625
Answer: The new total is $175.63
Answer:
$175.625
Step-by-step explanation:
Let us figure out late fees on the given past due by finding 15% of 87.50.
[tex]\text{Late fee}=\frac{15}{100}\times 87.50[/tex]
[tex]\text{Late fee}=0.15\times 87.50[/tex]
[tex]\text{Late fee}=13.125[/tex]
Our new total will be the sum of past due balance, late fee and new charges .
[tex]\text{New balance}=\text{Past due balance + Late fee + New charges}[/tex]
Let us substitute our given values in above equation to find our new balance.
[tex]\text{New balance}=87.50+13.125+75[/tex]
[tex]\text{New balance}=175.625[/tex]
Therefore, the new balance will be $175.625.
