Riel had an average daily balance of $415.22 on his May credit card statement. The bill showed

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Riel had an average daily balance of $415.22 on his May credit card statement. The bill showed that his APR was 21.6% and that his finance charge was $89.69. When he verified the finance charge, did he find that it was correct or incorrect? Explain.

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Financial Algebra advanced algebra with financial applications

ISBN: 978-0538449670

1st edition

Authors: Robert K. Gerver

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Question Posted: Apr 14, 2016 04:47 AM

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Riel had an average daily balance of $415.22 on his May credit card statement. The bill showed

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Financial Algebra advanced algebra with financial applications

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