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A credit card amount had a balance of $928 on May 5. A purchase of $263 was made on May 17, and a payment of
A credit card amount had a balance of $928 on May 5. A purchase of $263 was made on May 17, and a payment of $150 was made on May 20. The interest on the average daily balance is 1.5% per month. Find the average daily balance on the June 5 bill
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Principles Of Managerial Finance Brief
Authors: Chad J. Zutter, Scott B. Smart
8th Global Edition
1292267143, 978-1292267142
