Question 13 (1 point) cf 1,312.11 The monthly france charge 175% of the unpad balance Laina has new purchases of 140.00 What is the new account balance? square

## Step 1: Calculate the finance charge<br />### The finance charge is 1.75% of the unpaid balance of $1312.11. We calculate this by multiplying the unpaid balance by the percentage expressed as a decimal: $1312.11 \times 0.0175 = 22.96$.<br /><br />## Step 2: Calculate the new balance<br />### The new balance is the sum of the unpaid balance, the finance charge, and the new purchases. This is calculated as: $1312.11 + 22.96 + 140.00 = 1475.07$.