Previous balance = $179.32 Annual rate = 16% Finance charge = $ New purchases = $117.42 Payments/credits = $85.00 New balance = $
First we should calculate the amount of the finance charge
Finance charge=179.32×(0.16÷12months)
=2.39
New balance= previous balance-payments/credit+finance change+New purchases
New balance=179.32−85+2.39+117.42
=214.13
Good luck!