(A D B=$ 1,043.53), annual interest rate (11.9 %), billing cycle of 31 days. Compute the interest...

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$A D B=\$ 1,043.53$, annual interest rate $11.9 \%$, billing cycle of 31 days.

Compute the interest charged for the credit card based on the given average daily balance (ABD), annual interest rate, and number of days in the billing cycle.

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Contemporary Mathematics

ISBN: 9781711470559

1st Edition

Authors: OpenStax

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Question Posted: May 30, 2024 09:01 AM

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(A D B=$ 1,043.53), annual interest rate (11.9 %), billing cycle of 31 days. Compute the interest...

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Contemporary Mathematics

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