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What did pay on june

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Problem 1: A card holder has a $6000 limit on their credit card with no outstanding charges. Finance charges on unpaid balances are 19.5% per year. He charged purchases totalling $3540.50 between May 2nd and May 19th. His statement arrived May 21 and a minimum payment of $55 was due by May 29th. He made the minimum payment on May 27th. He then took out a cash advance of $1000 on June 2 and paid the entire balance owing on June 15th, what did he pay on June 15th?

Reference no: EM132817056

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