Question
In JohnBalfour's credit card account interest is charged on the average daily balance. The cycle begins on May4, and the cycle ends on June 3.
In JohnBalfour's credit card account interest is charged on the average daily balance. The cycle begins on May4, and the cycle ends on June 3. The beginning balance is $ 291.32 .
$291.32. A payment of $100
1 is posted on May 18.
A charge of $16.41
16.41 is posted on May 7.
A charge of $50.23 is posted on May 12.
A charge of $116.83 is posted on May 29.
John is charged 1.87% per period.
What is the finance charge for thecycle?
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A First Course in Differential Equations with Modeling Applications
Authors: Dennis G. Zill
11th edition
1305965728, 978-1305965720
