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Mathematics, 19.11.2020 18:40 DIVAEYES

Last month the ending balance on Maryanne’s Mastercard was $1,789, the average daily balance was $755, and the monthly periodic rate is 1.85%. Her finance charge can be calculated by multiplying the ending balance times the monthly periodic rate. So the finance charge is $1,789 ´ 0.0185 = $33.10.

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Last month the ending balance on Maryanne’s Mastercard was $1,789, the average daily balance was $75...

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