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A credit card has a monthly rate of 1.8% and uses the average dally balance method for calculating interest. Here are some of the details

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A credit card has a monthly rate of 1.8% and uses the average dally balance method for calculating interest. Here are some of the details in the June 1-June 30 itemized billing: June 1 Unpaid Balance: $450.34 a. Find the Interest due on the payment Payment Received June 9: $130 due date. Purchases Charged to the Account: $261.77 b. Find the total balance owed on the last Average Daily Balance: $355.01 day of the billing period. Last Day of the Billing Period: June 30 c. Minimum payment terms are shown in Payment Due Date: July 9 the accompanying table. What is the minimum payment due by July 9? Click the icon to view the table. O A . $5.75 b. $320.34 c. $20.00 OC. a. $5.75 b. $675.35 3. $58.78 OB. a $5.50 b. $325.84 c. $20.00 OD. a $5.68 b. $587.79 c. $58.78

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