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A credit card statement showed these transactions during October.October 1 Previous balance$342.73 October 15 Purchases$60.13 October 19 Payment$155.00 The credit card has an interest rate
A credit card statement showed these transactions during October.October 1 Previous balance$342.73 October 15 Purchases$60.13 October 19 Payment$155.00 The credit card has an interest rate of 17.5%on the average daily balance. Find the average daily balance, the finance charge for the month, and the new balance on November 1. [Hint: Remember that October has 31 days
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