Solve the Problem. -While on a Business Trip in February, Bob Barrett Charged

Multiple Choice

Solve the problem.
-While on a business trip in February, Bob Barrett charged the following expenses to his companyʹs Credit card: meals ($218) , entertainment ($167) , and hotel ($436) . On March 1, Bob makes a Payment of $165 and makes no other charges on this credit card. The bank that issues the card Charges 1.6% interest per month. What is the balance due on April 1?

A) $719.82
B) $633.17
C) $834.14
D) $666.50