On May 1, the unpaid balance on a credit card is 132. During the month, purchases of 16.95, 82.64, ...

On May 1, the unpaid balance on a credit card is 132. During the month, purchases of 16.95, 82.64, and 5.35 are made. Using the previous balance method, what is the unpaid balance on June 1, if the finance charge is 1.9 of the unpaid balance and a payment of 90 is made May 12?
 A) 114.57
  B) 149.43
  C) 171.84
  D) 329.43

Q. 2

You inherited 1,000 from your grandparents and place this amount in your savings account. If your bank pays 6 compounded quarterly, how much interest will you earn one year from now? Round to the nearest cent after each calculation.

Q. 3

The date of a note is July 18 and interest is due on September 6. How many days is it from the initial date of the note to the day the interest is due?

Q. 4

The face value of a note is 5,290 with an interest rate of 8. The time is based on 60 days in a 360-day year, and the loan was taken out on March 17. The note has been discounted 16 on April 3. What are the proceeds?