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alculate the average daily balance and finance charge. (Round your answers to the nearest cent.) 30-day billing cycle 9/16 Billing date Previous balance $ 2,900
| alculate the average daily balance and finance charge. (Round your answers to the nearest cent.) |
| 30-day billing cycle | |||||||
| 9/16 | Billing date | Previous balance | $ 2,900 | ||||
| 9/19 | Payment | $ | 69 cr. | ||||
| 9/30 | Charge: Home Depot | 1,950 | |||||
| 10/3 | Payment | 69 cr. | |||||
| 10/7 | Cash advance | 79 | |||||
| Finance charge is 1.5% on average daily balance. |
| Average daily balance | $ |
| Finance charge | $ |
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Personal Financial Planning
Authors: Randy Billingsley, Lawrence J. Gitman, Michael D. Joehnk
14th edition
978-1305887725, 1305887727, 1305636619, 978-1305636613
