Question
3. (10 points) Using the following table containing the dates of purchases and payments to determine the average daily balance of a credit card
3. (10 points) Using the following table containing the dates of purchases and payments to determine the average daily balance of a credit card at the end of the billing cycle, assuming 30 days in the month (Round to the nearest cent). Days 0 6 12 25 28 Purchase/Payment Dollar Amount Unpaid Balance $1,250 $325 $875 $273 $486 Payment Purchase Purchase Payment
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