Mathematics, 07.09.2020 03:01 star296
For the billing period from 4/5 to 5/4, Mary's credit card carried the following balances
Dates Balance
4/5-4/10 $300.00
4/11-4/19 $420.00
4/20-5/4 $600.00
*What is the average daily balance for the billing period?
*Assume the credit car has an APR of 21.90%. How much is the finance charge for the billing period? Round answer to two digits after the decimal point.
*What will be the new balance on 5/5?
Answers: 2
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For the billing period from 4/5 to 5/4, Mary's credit card carried the following balances
Dates Bal...
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