asked 24.1k views
3 votes
Tze Cheng made a credit card transaction of

RM1 400. He only made minimum repayment of
RM70 after he received the monthly statement.
Given that the finance charge is 1.5% per
month on the transaction for 16 days and on the
outstanding balance for 20 days. Late payment
cahrge is at a minimum of RM10 or 1% of
the outstanding balance. Calculate the current
amount in the next month statement.


asked
User Burning
by
8.4k points

1 Answer

3 votes

its 4000 ok! yourr welcomeeeeeeeeeeee

answered
User Farcrats
by
7.6k points
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