calculate the new balance on this account after these charges and payments are applied. credit card…

calculate the new balance on this account after these charges and payments are applied. credit card statement previous balance $19,000.00 finance charge $285.00 new purchases $9,250.00 payments $(4,000.00) credits $(50.00) new balance = $?

calculate the new balance on this account after these charges and payments are applied. credit card statement previous balance $19,000.00 finance charge $285.00 new purchases $9,250.00 payments $(4,000.00) credits $(50.00) new balance = $?

Answer

Answer:

$24,585.00$

Explanation:

Step1: Add finance charge and new purchases to previous balance

$19000 + 285+9250$ $=28535$

Step2: Subtract payments and credits

$28535-(4000 + 50)$ $=28535 - 4050$ $=24585$