Question
Dallas Pierces most recent credit card statement follows. His finance charge is 18% APR. Calculate Dallass average daily balance, finance charge, and new balance. (Round
Dallas Pierces most recent credit card statement follows. His finance charge is 18% APR. Calculate Dallass average daily balance, finance charge, and new balance. (Round your final answers to the nearest cent.)
| 30-day billing cycle | ||||||
| 9/2 | Billing date | $ | 1,200 | previous balance | ||
| 9/7 | Payment | $ | 100 | cr. | ||
| 9/13 | Charge: Kohls | $ | 350 | |||
| 9/17 | Payment | $ | 200 | cr. | ||
| 9/28 | Charge: WalMart | $ | 50 | |||
Average daily balance $
Finance charge $
New balance $
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Simple Supply And Demand Trading Strategy For Beginners
Authors: Joseph Moriaco
1st Edition
1542525535, 978-1542525534
