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an ok A credit card has a monthly rate of 1.8% and uses the average daily balance method for calculating interest. Here are some of
an ok A credit card has a monthly rate of 1.8% and uses the average daily balance method for calculating interest. Here are some of the details in the June 1-June 30 tomized billing: June 1 Unpaid Balance: $450.63 a. Find the interest due on the payment Payment Received June 10: $130 due date Purchases Charged to the Account: $284 28 b. Find the total balance owel on the last Average Daily Balance: $350.63 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. Contents ch Success "ia Librai O A. a. $6.26 b. $326.89 c. $20.00 O c. a. $6.55 b. $680.26 3. $59.14 OB. a. $6.55 b. $320.63 c. $20.00 OD a. $6.47 b. $59138 c. $59.14 Success Resour Click to select your answer. Options i Table da inte itemized b tot pa an New Balance Minimum Payment $0.01 to $10.00 No payment due $10.01 to $200.00 $10.00 $200.01 to $250.00 $15.00 $250.01 to $300.00 $20.00 $300.01 to $350.00 $25.00 $350.01 to $400.00 $30.00 $400.01 to $450.00 $35.00 $450.01 to $500.00 $40.00 Over $500.00 1/10 of New Balance Print Done
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