Mathematics, 05.12.2019 18:31 aide1234564
Mr. reis had these daily balances on his credit card for his last billing period. he did not pay the
card in full the previous month, so he will have to pay a finance charge. the apr is 19.8%.
six days @ $341.22
ten days @ $987.45
three days @ $2,122.33 eleven days @ $2,310.10
a. what is the average daily balance?
b. what is the finance charge?
Answers: 1
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