The average daily balance for Greg's last credit card statement was ($ 1,403.50). The card charges (15.9

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The average daily balance for Greg's last credit card statement was $\$ 1,403.50$. The card charges $15.9 \%$ interest. If the billing cycle for that statement was 30 days, how much interest is Greg charged?

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Contemporary Mathematics

ISBN: 9781711470559

1st Edition

Authors: OpenStax

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Question Posted: May 30, 2024 09:06 AM

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The average daily balance for Greg's last credit card statement was ($ 1,403.50). The card charges (15.9

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Contemporary Mathematics

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