After considering all the transactions, the final balance calculation in the account is $336.71. This amount reflects the initial balance and the subsequent deposits and withdrawals throughout the given period.
Here is the breakdown.
1. Starting balance on October 29: $237.47
2. Write a check (#115) for a field trip: -$18.00
New balance: $219.47
3. Receive a paycheck on October 30: +$62.75
New balance: $282.22
4. Deposit a birthday check from your grandmother on November 4: +$25.00
New balance: $307.22
5. ATM withdrawal for a sporting event on November 5: -$15.00
New balance: $292.22
6. Write a check (#116) to Credit USA on November 1st: -$51.16
New balance: $241.06
7. Receive money from your sister, Ann, on November 10: +$20.00
New balance: $261.06
8. ATM withdrawal for flowers on November 12: -$25.00
New balance: $236.06
9. Deposit your paycheck on November 16: +$65.65
New balance: $301.71
10. Deposit Aunt Jane's birthday check on November 17: +$35.00
Final balance: $336.71
After all these transactions, your balance will be $336.71.
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Which viability factor can help an entrepreneur make up for a lack of skills?
Passion is the viability factor can help an entrepreneur make up for a lack of skills.
An entrepreneur is a person who starts a new firm, taking up the majority of the risks and relishing the rewards.
Entrepreneurs are essential to any economy because they have the knowledge and drive to foresee requirements and sell viable new ideas. Entrepreneurship that succeeds in assuming the risks involved in founding a firm is rewarded with money, notoriety, and ongoing success.
An entrepreneur is a person who decides to take the risk of launching a new business.
Entrepreneurship is the aggregation of capital and labor to generate things or services for profit. An entrepreneur realizes their concept by founding a business to carry it out.
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inside of the Sun's orbit? Give your answer in scientific notation and in units of solar masses.
The Sun's orbit is about 25,000 light-years from the center of the Milky Way galaxy.
Therefore, anything located inside the Sun's orbit would be closer to the center of the galaxy than the Sun is.
In scientific notation and in units of solar masses, the mass of objects within the Sun's orbit would be less than 1 solar mass (1.0 x 10^0 M☉).
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which federal reserve action can shift the aggregate demand curve to the left?
Explanation:
Contractionary Monetatary Policy
Assume that the Federal Reserve injects $84 billion into the financial system. If the money supply increases by a maximum of $540 billion, what must the reserve requirement be? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)
The reserve requirement when the Federal Reserve injects $84 billion into the financial system and the money supply increases by a maximum of $540 billion, will be 15.55%.
Explanation:
Money Multiplier = 1 / Reserve Requirement Ratio
The Money Multiplier can also be calculated as:
Money Multiplier = Change in Money Supply / Change in Monetary Base
In this case, the change in money supply is $540 billion, and the change in monetary base is the injected $84 billion. Therefore:
Money Multiplier = $540 billion / $84 billion = 6.43
Now we can find the Reserve Requirement Ratio:
1 / Reserve Requirement Ratio = 6.43
Reserve Requirement Ratio = 1 / 6.43 ≈ 0.1555
To convert the Reserve Requirement Ratio to a percentage, multiply by 100:
Reserve Requirement ≈ 0.1555 * 100 ≈ 15.55%
So, the reserve requirement must be approximately 15.55% for the money supply to increase by a maximum of $540 billion after the Federal Reserve injects $84 billion into the financial system.
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Direct selling, sales promotion, direct marketing, and advertising are all examples of a company's ______ channels.multiple choice question.logisticsproductionpublic relationscommunication
Direct selling, sales promotion, direct marketing, and advertising are all examples of a company's promotional mix channels.
What is Advertising?Advertising is a sort of compensated promotion that highlights your primary message and is an essential next step in the success of your digital marketing strategies. It broadens the audience for your brand so you may swiftly accomplish all of your commercial objectives, from enlarging your clientele to raising your revenue.
Making something known to the public through a paid media outlet is what is meant by the definition of advertising. A business that specializes in creating and implementing printed advertisements for other companies' products is an example of advertising.
Direct selling is the practice of selling goods outside of a traditional retail environment, such as online, at home, or in other locations. The use of wholesalers and local distribution centers as middlemen in the distribution process is eliminated. One component of the promotional mix is sales promotion. Advertising, personal selling, direct marketing, and publicity/public relations make up the bulk of the promotional mix.
Hence, Direct selling, sales promotion, direct marketing, and advertising are all examples of a company's promotional mix channels.
The purpose of a promotional mix should be to convey to your target market the advantages, qualities, and values of the goods and services you provide. By doing this, you can stand out from the competition and increase sales.
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Please help I don’t understand 100 points
3. Prepare a T account for each transaction. Label the account title for each account affected. Use the chart of accounts you created in Question 1. Write the debit and credit amounts for each T account to show how the accounts are affected. The first one is done for you.
a. Start Microsoft Excel, and open the BUS113_03_05.xlsx file from C:\ACTT1\Data\Unit_3.
b. Click the File tab, and click Save As. Save the file to C:\ACTT1\Student\Unit_3.
c. Received cash from owner, Roger Fisher, as an investment, $10,000.00.
d. Paid cash for insurance, $2,400.00.
e. Bought supplies on account from Boats Wholesale, $1,500.00.
f. Sold services on account to Salmon Slayers, $600.00.
g. Paid cash for fuel, $500.00.
h. Paid cash to owner, Roger Fisher, for personal use, $1,250.00.
i. Save and close the spreadsheet.
j. Submit your file to your instructor for grading.
The preparation of a T-account for each transaction is as follows:
CashAccount Titles Debit Credit
c. Capital, Roger Fisher $10,000
d. Insurance Expenses 2,400
g. Fuel Expenses 500
h. Withdrawal, Roger Fisher 1,250
Capital, Roger FisherAccount Titles Debit Credit
c. . Cash $10,000
Insurance ExpensesAccount Titles Debit Credit
d. Cash $2,400
SuppliesAccount Titles Debit Credit
e. Accounts Payable (Boats
Wholesale) $1,500
Accounts PayableAccount Titles Debit Credit
e. Supplies $1,500
Accounts ReceivableAccount Titles Debit Credit
f. Services Revenue $600
Services RevenueAccount Titles Debit Credit
f. Accounts Receivable $600
Fuel ExpensesAccount Titles Debit Credit
g. Cash $500
Withdrawals, Roger FisherAccount Titles Debit Credit
h. Cash $1,250
What is a T-account?A T-account is an informal accounting term that describes a ledger account used to post business transactions after being recorded in journals.
T-accounts subsist on the double-entry system of accounting where a transaction has debit and credit aspects.
Transaction Analysis:c. Cash $10,000 Capital, Roger Fisher $10,000
d. Insurance expenses $2,400 Cash $2,400
e. Supplies $1,500 Accounts Payable (Boats Wholesale) $1,500
f. Accounts Receivable (Salmon Slayers) $600 Services Revenue $600
g. Fuel $500 Cash $500
h. Withdrawal, Roger Fisher $1,250 Cash $1,250
Thus, the transactions from c to h have been recorded in their T-accounts.
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In planning a trip, we might judge how good or bad it is that San Franscisco is fun and expensive. This is an example of
In planning a trip, we might judge how good or bad it is that San Franscisco is fun and expensive. This is an example of A. judgment of goodness and badness.
This is because when we plan a trip, we often assess the different destinations based on their positive and negative qualities. In this case, San Francisco is described as both fun and expensive, which implies that there are both good and bad aspects of visiting this location.
The process of judging the goodness and badness of a destination is a common part of the decision-making process. We evaluate the pros and cons of different options, weighing the benefits and drawbacks to make an informed choice. In this case, the judgment of goodness and badness helps us to decide whether San Francisco is a suitable destination for our trip, taking into account our preferences and budget.
While there may be other cognitive processes involved in trip planning, such as anchoring and adjustment or belief strength, these are not applicable in this specific example. Anchoring and adjustment refer to the tendency to rely on initial information when making judgments, while belief strength refers to the degree of confidence we have in our beliefs. Estimation of likelihood, on the other hand, refers to our ability to make predictions based on past experience or available information.
In conclusion, the judgment of goodness and badness is a key part of the trip planning process, allowing us to assess the suitability of different destinations based on their positive and negative qualities. By taking into account our preferences and budget, we can make an informed decision that meets our needs and expectations. Therefore, the correct option is A.
The question was incomplete, Find the full content below:
In planning a trip, we might judge how good or bad it is that San Franscisco is fun and expensive. This is an example of
a. judgment of goodness and badness.
b. an anchoring and adjustment process.
c. the assessment process.
d. belief strength.
e. an estimation of likelihood.
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Sticking to a list will help you save money.
True
False
Plz Hurry I am timed!
A chain of coffee servers is sending a spreadsheet of projected costs and profits to some of its investors. When, Kyle, the administrator making the spreadsheet, adds an image of his company’s logo, he realizes it would fit and look best if turned to read sideways.
How can Kyle change the image to make it fit in such a way?
A) He can select the image and hold down on the green handle above it while sliding the mouse.
B) He can select the image and hold down Control while sliding the scroll bar to the right.
C) He can press the PivotTable button and select “Rotate 90 degrees” and then click OK.
D) He can click on the Pictures Tool tab and select press Artistic Effects to access the rotate option.
Answer: A) He can select the image and hold down on the green handle above it while sliding the mouse.
Explanation:
After inserting the picture, if he wants the logo to read sideways, his best bet is to rotate it. He can do this by clicking on the picture and then clicking and holding down the green handle above the image which would look like a rotating arrow.
While holding it down, he should then slide the mouse and the picture would rotate. He can stop rotating at an angle he deems appropriate.
Answer:
A
Explanation:
Just took the test
How is days to collect accounts receivable determined? A) 365 days divided by accounts receivable turnover. B) Net sales divided by 365. C) Net sales divided by average net trade receivables. D) Accounts receivable turnover divided by 365 days.
Days to collect accounts receivable is determined by dividing the number of days in the accounting period by the accounts receivable turnover. Thus, option A) 365 days divided by accounts receivable turnover is the correct answer.
How is days to collect accounts receivable determined? Days to collect accounts receivable is calculated as follows: Days to collect accounts receivable = 365 days ÷ Accounts receivable turnover is the measure of how frequently accounts receivable are converted into cash.
It is calculated by dividing net credit sales by the average net accounts receivable during the accounting period. It is a ratio that measures the effectiveness of a company's credit and collection policies.
Days to collect accounts receivable is a measure of the average number of days it takes a company to collect its accounts receivable.
A lower number of days to collect accounts receivable is an indicator that the company is efficient in its collection procedures.
A high number of days to collect accounts receivable indicates a weak collection process, which may result in an increase in bad debt expense.
The days to collect accounts receivable is an important measure of a company's financial performance because it indicates how efficiently the company is managing its accounts receivable.
The faster a company collects its accounts receivable, the more cash it will have on hand to invest in its operations, pay its bills, or distribute to shareholders.
Therefore, it is essential for a company to manage its accounts receivable effectively, so it can have sufficient cash to meet its short-term obligations.
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List any THREEshopping skill that you will follow.
In a two-state world, where there are only two possible payoffs on a share of stock at the end of a year, the stock payoffs can be exactly duplicated using a combination of a call option on the stock and _____.
"In a two-state world, where there are only two possible payoffs on a share of stock at the end of a year, the stock payoffs can be exactly duplicated using a combination of a call option on the stock and risk-free asset."
A risk-free asset is one with a guaranteed future return and almost little chance of loss.
Bonds, notes, and particularly Treasury bills are issued by the U.S. Department of the Treasury.
These are regarded as risk-free investments because they are backed by the "full faith and credit" of the American government.
The return on risk-free assets is very close to the present interest rate because they are so safe.
Therefore "In a two-state world, where there are only two possible payoffs on a share of stock at the end of a year, the stock payoffs can be exactly duplicated using a combination of a call option on the stock and risk-free asset."
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Which of the following actions best demonstrates to your boss that you are a motivated employee?
A) Finishing a task after your boss reminds you about it.
B) Hosting a pizza party for some work friends.
C) Arriving an hour early for a client meeting.
D) Helping a co-worker when your own work is finished.
Arriving an hour early for client meeting of following actions best demonstrates to your boss that you are at employee motivation.
What is employee motivation?Employee motivation is the intrinsic need to put up the necessary effort and take the proper action for tasks related to their jobs. A wide definition is that it relates to "psychological forces that determine an individual's level of effort and persistence, as well as the course of their conduct inside an organization." Motivation at work has been characterized as the "total of the mechanisms that determine the arousal, direction, and maintenance of behaviors related to work settings." Since motivated employees are often more productive, employee motivation is essential to the success of a firm. Motivation is the desire a person has to carry out a task or activity in order to achieve a goal.
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What is the difference between division of labour and specialisation?
Answer:
Specialization refers to an individual while division of labor is social or refers to society (the aggregation of individuals). Division of labour is the separation of the production process into different operations, from intellectual to manual, from each process in a production line, from country to country, etc.
Explain the conceptual connections between goodwill, duty, and the categorical imperative.
The conceptual connections between goodwill, duty and categorical imperative refer to the theory of Transcendental Idealism developed by Imannuel Kant. According to him, the Categorical Imperative corresponds to the way individuals evaluate moral actions and make moral judgments.
Categorical imperative and dutyThe relationship between them occurs according to the theory of goodwill, which relates to human intention and will, which must be to act in accordance with reason to determine the right, which is the duty of individuals.
Therefore, according to Kant, moral law must satisfy the precepts of being universal, impartial and rational, which can be learned by the cognitive processes of human beings.
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A personal identification number(PIN) is used to protect: A checks B deposit slips C debit cards D check registers
Answer:
If there is an all of the above option click that but if not hit D: Check registers
Hope this helps!
What is the total annual dividend received from owning 100 shares of stock A, if Company A issues a $0.15 quarterly dividend to its shareholders?
Answer:
$60/year
Explanation:
If Company A issues a $0.15 quarterly dividend to its shareholders, then the annual dividend per share would be:
$0.15/quarter x 4 quarters/year = $0.60/year
To find the total annual dividend received from owning 100 shares of stock A, we can multiply the annual dividend per share by the number of shares:
$0.60/year x 100 shares = $60/year
Therefore, owning 100 shares of stock A would result in a total annual dividend of $60.
You have been accepted into college. The college guarantees that your tuition will not increase for the four years you attend college. The first $ 10 comma 300 tuition payment is due in six months. After that, the same payment is due every six months until you have made a total of eight payments. The college offers a bank account that allows you to withdraw money every six months and has a fixed APR of 4.4 % (with semiannual compounding) guaranteed to remain the same over the next four years. How much money must you deposit today if you intend to make no further deposits and would like to make all the tuition payments from this account, leaving the account empty when the last payment is made? (Note: Be careful not to round any intermediate steps less than six decimal places.)
Answer:
You must deposit "$74,806.25" today.
Explanation:
The given values are:
Periodic payment,
P = $10,300
Rate of interest,
r = \(\frac{4.4 \ percent}{2}\)
= \(2.2 \ percent\)
Number of periods,
n = \(4\times 2\)
= \(8\)
Now,
The PV of annuity will be:
= \(\frac{P\times [1 - (1 + r)^{-n}]}{r}\)
On substituting the given values, we get
= \(\frac{10,300\times [1 - (1 + 2.2 \ percent)^{-8}]}{2.2 \ percent}\)
= \(\frac{1,645.73}{2.2 \ percent}\)
= \(74,806.25\) ($)
What would happen if you had $30 in your checking account and you tried to take out $45 at the grocery store using your debit card?
Answer:
I believe that the transaction would fail giving you some text similer to "Transaction failed, please try again." or "Insufficient funds."
8) If scrap is returned to the company's storeroom and inventoried, it should NOT have any value in the accounting records.
a.true
b.false
b. false
Scrap returned to the company's storeroom and inventoried may still have some value in the accounting records. The value of scrap can be recorded as a potential source of revenue or as a reduction in expenses, depending on the accounting treatment chosen by the company.
The company is a dynamic organization operating in a competitive market. With a workforce of dedicated employees, it strives to deliver high-quality products and services to its customers. Innovation and adaptability are key pillars of its success, as it constantly seeks ways to improve and stay ahead of the competition. The company maintains a strong focus on customer satisfaction, aiming to build long-lasting relationships and meet their evolving needs. Through effective management and strategic decision-making, it aims to achieve sustainable growth and maximize shareholder value. With a solid reputation and a commitment to ethical practices, the company aims to be a responsible corporate citizen.
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Which of the following will be excluded from total income? a. Inheritance from your grandfather b. Bonus earned in addition to salaried wages c. Wages earned from your primary employer d. Royalties from the distribution of copyrighted materials
Based on these explanations, the item that would be excluded from total income is Inheritance from your grandfather.
Which of the following will be excluded from total income: inheritance, bonus, wages from primary employer, royalties?To determine which of the following will be excluded from total income, we need to understand the general principles of income taxation:
Inheritance from your grandfather:
Inheritances are generally not considered taxable income for the recipient. Therefore, inheritance from your grandfather would be excluded from total income.
Bonus earned in addition to salaried wages:
Bonuses earned in addition to salaried wages are typically considered taxable income and should be included in the total income.
Wages earned from your primary employer:
Wages earned from your primary employer are considered taxable income and should be included in the total income.
Royalties from the distribution of copyrighted materials:
Royalties earned from the distribution of copyrighted materials are generally considered taxable income and should be included in the total income.
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2. a. for the zero coupon bond 2 above that has a $1,000 maturity value and 6 years to maturity, what will be your annual compound yield for your 6-year holding period if you hold the bond to maturity, receiving the $1000 maturity value at the end of year 6? hint recall: annual compound yield
Hint Recall: Annual Compound Yield = {[FV / PV] ^ 1/n} - 1 or
In other words {[What you have at the end of 6 Years / What You Paid] ^1/n } - 1
n = your 6-year holding period.
Annual Compound Yield for Bond 2 at End of Year 6 __________________
The Annual Compound Yield for Bond 2 at the end of Year 6 is 5.16%.
Annual Compound Yield is: {[FV / PV] ^ 1/n} - 1
FV = Future Value
PV = Present Value
n = Number of Periods
Present Value (PV) = ?
Future Value (FV) = $1,000
Number of Periods (n) = 6 years
{[FV / PV] ^ 1/n} - 1 = {[1000 / ?] ^ 1/6} - 1
Let's assume that the Present Value is x dollars.
Now,{[FV / PV] ^ 1/n} - 1 = {[1000 / x] ^ 1/6} - 1
We know that at maturity, we will receive $1,000.
Therefore,{[1000 / x] ^ 1/6} - 1 = {[1000 / x] ^ 1/6} - 1
We need to solve for x now.
{[1000 / x] ^ 1/6} - 1 = 0.0516
Adding 1 on both sides,
{[1000 / x] ^ 1/6} = 1.0516
Taking the 6th power of both sides,1000 / x = 1.0516^6x = 780.43 dollars
So, the Present Value (PV) is $780.43.
The Annual Compound Yield is given by:{[FV / PV] ^ 1/n} - 1 = {[1000 / 780.43] ^ 1/6} - 1 = 0.0516 = 5.16%.
Therefore, the Annual Compound Yield for Bond 2 at the end of Year 6 is 5.16%.
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Aggregate demand refers to the relationship between :_________
A. the price level and the quantity of real GDP supplied.
B. prices and the quantity of a good demanded.
C. the price level and the quantity of real GDP demanded.
D. prices and the quantity of a good supplied.
Answer:
C
Explanation:
The higher the price level the higher the result of real GDP demanded
PROFIT/LOSS = TOTAL REVENUE - TOTAL COSTS
lan set up a taxi firm one month ago. He has calculated that his total monthly revenue was £2400.
He has added his costs together for the first month and they came to £2800. However, he spent
£1000 on a car for the business that he will not need to spend again.
1) What was his profit/loss for the month?
For the month it was €
1
2) Next month, what will his profit/loss be?
3) List 2 things that could happen that would increase his costs?
Answer:
What's the question? :) I'm an econ major btw.
Explanation:
Hey Yall I am giving 100 points away and a brainliest!!!!!!!!!!!!
Answer:
tysm
Explanation:
Answer:
ty
Explanation:
Joni, a college student, has $400 worth of expenses monthly. How much should she save be financially secure?
Answer:
200 i think sorry if im wrong
Explanation:
On June 1, 2016, Enne Brahtz Corporation received $3,600 as advance payment for 12 months' advertising. The receipt was recorded as a credit to Unearned Fees. What adjusting entry is required on December 31, 2016?
Answer:
Unearned Fees ($3,600 × 6 months ÷ 12 months) $1,800
To Advertising revenue $1,800
(Being the adjusting entry is recorded)
Explanation:
The adjusting entry is shown below;
Unearned Fees ($3,600 × 6 months ÷ 12 months) $1,800
To Advertising revenue $1,800
(Being the adjusting entry is recorded)
Here we debited the unearned fees as it decreased the liability and credited the advertising revenue as it increased the revenue account
The six months could be computed from June 1 to December 31
The adjusting entry for the transaction includes Debit to Unearned Fees $1,800 and Credit to Advertising revenue $1,800.
Date Account titles and Explanation Debit Credit
Unearned Fees $1,800
($3,600 × 6 months/ 12 months)
To Advertising revenue $1,800
(Being the adjusting entry is recorded)
In conclusion, the adjusting entry for the transaction includes Debit to Unearned Fees $1,800 and Credit to Advertising revenue $1,800.
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jerry deposited $550.00 into a saving account at his bank. if the interest rate is 2.75%, then how much will he have after 2 years? hint: find interest first, then add to how much he had in his bank account.
Interest for 2 Years= 550*2.75/100*2=30.25
Balance of Saving account after 2 years= 580.25
What does "bank interest" mean?You pay interest when you borrow money, and banks pay you interest when you save money with them. Interest rates are expressed as a percentage of your annual savings or borrowing. Therefore, after a year, if you deposited £100 into a savings account earning 1% interest, you would have £101.
Why do banks care about interest rates?Stocks in industries like banking and utilities are particularly susceptible to changes in interest rates. Banks, in particular, derive a large portion of their revenue from the discrepancy between the cost of borrowing money and the interest rate at which they lend it (also called the spread).
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In marketing and sales communications, it is illegal to use bait-and-switch advertising
question 2 options:
true
false
Bait and switch procedures are regularly taken into consideration to be a form of fraud, and consequently illegal. Therefore, the given statement is true.
What is Bait and Switch operation?A “bait and switch” takes area when a dealer creates an attractive however ingenuine provide to promote a product or service, which the vendor does now no longer surely intend to promote.
For example, If the store has deliberately run the advert while not having the object in stock, that is bait and switch.
Bait and switch scams can fall under some of the violations, from breach of settlement to fake advertising.
Therefore, Bait and switch procedures are regularly taken into consideration to be a form of fraud, and consequently illegal. The given statement is true.
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You have a credit card account with a previous balance of $635. You added two additional purchases for $75 and $50 during this billing period. You made a payment of $150. Your APR is 16.5%. Using the previous balance method, what is your new balance?
By using the adjusted balance method, your new credit card balance will be $618.39.
What is the Adjusted Balance Method?The adjusted balance method calculates your finance charge by subtracting any payments and credits made during the current billing cycle from the previous balance at the end of the previous billing cycle.
Calculations:
Previous balance = $635
Additional purchases = $125 ($75 + $50)
Payment = $150
APR = 16.5%
Computation of Finance charge:
= ($635 - $150 - $125) x 16.5%/12
= $8.39
Computation of Adjusted balance:
= ($635 - $150 + $125 + $8.39
= $618.39
Therefore, by using the adjusted balance method, the new balance on the credit card is $618.39.
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