Ed Lubbock's FlashCard bill is below. There are entries missing. a. What is Ed's average daily balance?
Question:
a. What is Ed's average daily balance?
b. What is Ed's finance charge?
c. What is Ed's new balance?
d. What is Ed's available credit?
e. If the $30 charge to Petrela Sailboats had been posted on 12/9, would the finance charge be higher or lower for this billing cycle? Explain.
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Related Book For
Financial Algebra advanced algebra with financial applications
ISBN: 978-0538449670
1st edition
Authors: Robert K. Gerver
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