You have a credit card balance of $1407.64. If you make a payment of $75.00 and the credit card company is charging you 1.4% monthly. What will be your remaining balance on the next statement?
Okay so basically your next months credit card charge will be 100% of your previous balance plus an added 1.4%. Which is 101.4%. Then you subtract the $75 from that balance. Is. =. % Of. 100
X = 101.4 (1407.64). 100 Cross multiply
100x= 142734.696 Divide by 100 1427.34696 - 75(the money you are going to pay)
