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Here is Deshaun's credit card statement for the month of November. Date Transaction November 1 Beginning balance November 8 Payment November 21 Purchase November 25
Here is Deshaun's credit card statement for the month of November. Date Transaction November 1 Beginning balance November 8 Payment November 21 Purchase November 25 Payment Transaction amount $2600.04 $850.00 $79.35 $500.00 (a) Use the credit card statement to help fill in the table below. Note that there are 30 days in November. Also, a purchase increases the unpaid balance, and payment decreases the unpaid balance. Date Transaction X November 1 Beginning balance November 8 Payment November 21 Purchase November 25 Payment Transaction Unpaid Number of days at that balance amount balance $2600.04 $2600.04 7 days (from November 1 through November 7) $850.00 $1750.04 days (from November 8 through November 20) $79.35 $] 4 days (from November 21 through November 24) $500.00 $0 6 days (from November 25 through November 30) Total: 30 days Unpaid Number balance of days $18,200.28 $0 $0 $0 Total: $ ? (b) Find the average daily balance. Write your answer to the nearest cent. $ (c) Suppose the credit card company charges an interest rate of 1.5% on the average daily balance for November found in part (b). How much interest will be charged? Write your answer to the nearest cent. $ (d) What will Deshaun's beginning balance be for the month of December (including the interest for November found in part (c))? si
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