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Determine interest to be paid on a card's next billing date Question The average daily balance of a credit card for the month of January

Determine interest to be paid on a card's next billing date
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The average daily balance of a credit card for the month of January was $8,000, and the unpaid balance at the end of the month was $9,000. If the annual percentage rate is 21.6% of the average daily balance, what is the total balance on the next billing date February 1? Round your answer to the nearest cent.
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