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A credit card has an annual interest rate of 18.99% and interest is calculated by the average daily balance method.In a 30-day billing cycle, purchases
A credit card has an annual interest rate of 18.99% and interest is calculated by the average daily balance method.In a 30-day billing cycle, purchases of $39.95, $210, and $95.99 were made on days 13, 17, and 22 respectively, and a payment of $100 was credited to the account on day 10.If the unpaid balance at the start of the billing cycle was $1,498, how much interest will be charged at the end of the billing cycle?
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