Question
36. James has a revolving credit account at an annual percentage rate of 18%. Use the average daily balance method to find the new balance
36. James has a revolving credit account at an annual percentage rate of 18%. Use the average daily balance method to find the new balance given the following activity.
| May 1 | Balance | $239.28 |
|---|---|---|
| May 9 | Payment | 45.30 |
| May 18 | Yo Yogurt (credit) | 67.83 |
| May 26 | Fresh Flowers | 92.33 |
| May 30 | Liu Printing | 81.88 |
a. $295.85
b. $300.36
c. $303.33
d. $336.03
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Bitcoin Goes Kaboom Caveat Emptor Let The Buyer Beware
Authors: William Peterson
1st Edition
1494334763, 978-1494334765
