13,15,16 please

Unit 14.3 Open-end credit 13. For an annual rate of 11.5%, find (a) the monthly periodic rate and (b) 14. 11.9-1 the daily periodic rate (using a 365-day year). Express each rate with 6 decimal places. 15. days x $320 . 031507.1 days x $390 14. You are thinking about getting a credit card. One credit card company days x $190 charges interest at 1.25% per month. Another charges interest at 11.9% per year. Which rate is lower? 1. 2 5 per month days x $310 1 1. 9 %. per year days x $350 TI . 9 1 . 15. You have a charge card. You receive a bill dated June 5. Your # days previous bill was dated May 5. Calculate your average daily balance. Avg daily bal Charge card statement: June 5 16. Date Item Amount New Balance 5/6 Previous balance brought forward $320 5/15 Charge $ 70 $390 5/24 Payment $200 Credit $190 5/30 Charge $120 $310 6/2 Charge $ 40 $350 16. Refer to Problem 15. Calculate the monthly finance charge, assuming you are charged a monthly periodic rate of 1.75%. 54 Homework Assignments