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Given the following: 30-Day billing cycle and 1.5% interest charge per month. 9/1 Balance $1,500. 9/8 Charge $300. 9/20 Payment $1,000. The average daily balance
Given the following: 30-Day billing cycle and 1.5% interest charge per month. 9/1 Balance $1,500. 9/8 Charge $300. 9/20 Payment $1,000. The average daily balance on 10/01 is
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