Calculate the new balance on this account after these charges and payments are applied.

Answer:

$200.00

explaination:

To find the new balance on the credit card account, we follow these steps: First, we add the previous balance, finance charge, and new purchases together. The previous balance is $310.00, the finance charge is $10.00, and the new purchases amount to $80.00. Adding these amounts gives us $310.00 + $10.00 + $80.00 = $400.00. Next, we subtract the payments and credits from this total. The payments made are $200.00 and there are no credits. Therefore, we subtract $200.00 from $400.00, resulting in $400.00 - $200.00 = $200.00. Thus, the new balance on the account is $200.00.

Topic: Finance, Credit Card Management

Tags: finance credit card account balance calculations

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Calculate the new balance on this account after these charges and payments are applied.

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