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Elizabeth went on a fabulous vacation in May and racked up a lot of charges on her credit card. When it came time to pay
Elizabeth went on a fabulous vacation in May and racked up a lot of charges on her credit card. When it came time to pay her June credit card bill, she left a balance of $ Elizabeth's credit card billing cycle runs from the th of each month to the th of the next month, and her interest rate is She started the billing cycle June July with a previous balance of $ In addition she made three purchases, with the dates and amounts shown in the table to the right. On July she made an online payment of $ that was credited to her balance the same day. Complete parts a through c a Find the average daily balance on the credit card account for the billing cycle June July The average daily balance for the billing cycle is $ Round to the nearest cent as needed.
Elizabeth went on a fabulous vacation in May and racked up a lot of charges on
her credit card. When it came time to pay her June credit card bill, she left a
balance of $ Elizabeth's credit card billing cycle runs from the th of
each month to the th of the next month, and her interest rate is She
started the billing cycle June July with a previous balance of $ In
addition she made three purchases, with the dates and amounts shown in the
table to the right. On July she made an online payment of $ that was
credited to her balance the same day. Complete parts a through c
a Find the average daily balance on the credit card account for the billing cycle June July
The average daily balance for the billing cycle is $
Round to the nearest cent as needed.
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