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Here is Keisha's credit card statement for the month of May. ( a ) Use the credit card statement to help fill in the table
Here is Keisha's credit card statement for the month of May.
a Use the credit card statement to help fill in the table below. Note that there are days in May. Also, a purchase increases the unpaid balance, and a
payment decreases the unpaid balance.
Total: days
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 on the average daily balance for May found
in part b How much interest will be charged? Write your answer to the nearest cent.
$
d What will Keisha's beginning balance be for the month of June including the interest for May found in part c
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