Answer:
$1362.307
Step-by-step explanation:
We are given that
Tom have unpaid balance=$1329.08
Finance charge=2.5% of unpaid balance
We have to find the new account balance.
Finance charge=[tex]\frac{2.5}{100}\times 1329.08[/tex]
Finance charge=$33.227
Now,
The new account balance=Unpaid balance +finance charge
The new account balance=$1329.08+$33.227
The new account balance=$1362.307
