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Clark Libraries Student Services Panopto Recordings Zoom Meetings Question 6 For the credit card account below, compute the average daily balance, the finance charge, and

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Clark Libraries Student Services Panopto Recordings Zoom Meetings Question 6 For the credit card account below, compute the average daily balance, the finance charge, and the account balance for the next billing. Assume the billing cycle begins on the same date each month and that the interest rate is 15% per month. Previoun Balance plus interest: $723 April 1 First Day of the Billing Cycle 5723 April 9 Payment $83 April 18 Returns $106 April 22 Pay for Repairs $41 Aprill 24 Pay for Repairs 537 April 26 Buy Dinner 5134 Average Daily Balance: Monthly Finance Charge: Account Balance for the start of the Next Billing Cycle

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