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anyone please Aimee's bank card account charges 1.2% per month on the average daily balance, as well as the following special fees. Cash advance fee:
anyone please
Aimee's bank card account charges 1.2% per month on the average daily balance, as well as the following special fees. Cash advance fee: The greater of 5% and $10 Late payment fee: $20 Over-the-credit-limit fee: $30 In the month of June, Aimee's average daily balance was $2586. She was on vacation during the month and did not get her account payment in on time, which resulted in a late payment and, as a consequence, charges accumulated to a sum above her credit limit. She also used her card for four $100 cash advances while on vacation. Find the interest charges to the account based on account transactions in that month. The interest charges are s (Round to the nearest cent as needed.)Step by Step Solution
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