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A credit card has a monthly rate of 1.54%. In the January 1 - January 31 lemized biling, the average daly balance is $975.35. The

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A credit card has a monthly rate of 1.54%. In the January 1 - January 31 lemized biling, the average daly balance is $975.35. The payment due date is February 9 . Find the inferest due on this dote using the average delly balance method. Round answer to the nearest cent

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