{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-05T12:07:11-04:00", "answer_date": "2024-06-05 12:07:11", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "2290078", "url": "\/study-help\/questions\/in-johnbalfours-credit-card-account-interest-is-charged-on-the-2290078", "question_creation_date_js": "2024-06-05T12:07:11-04:00", "question_creation_date": "Jun 05, 2024 12:07 PM", "meta_title": "[Solved] In JohnBalfour's credit card account inte | SolutionInn", "meta_description": "Answer of - In JohnBalfour's credit card account interest is charged on the average daily balance. The cycle begins on May4, and t | SolutionInn", "meta_keywords": "johnbalfour,s,credit,card,account,interest,charged,average,daily,balance,cycle,begins", "question_title_h1": "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.", "question_title": "In JohnBalfour's credit card account interest is charged on the average daily", "question_title_for_js_snippet": "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 $296 57 A payment of $150 is posted on May 18 A charge of $17 02 is posted on May 7 A charge of $59 15 is posted on May 12 A charge of $103 03 is posted on May 29 John is charged 1 87 per period What is the finance charge for thecycle ", "question_description": "

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 $296.57. A payment of $150 is posted on May 18. A charge of $17.02 is posted on May 7. A charge of $59.15 is posted on May 12. A charge of $103.03 is posted on May 29. John is charged 1.87% per period. What is the finance charge for thecycle?<\/p>", "transcribed_text": "", "related_book": { "title": "Financial and Managerial Accounting the basis for business decisions", "isbn": "125969240X, 978-1259692406", "edition": "18th edition", "authors": "Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1245.jpg", "uri": "\/textbooks\/financial-and-managerial-accounting-the-basis-for-business-decisions-18th-edition-1245", "see_more_uri": "" }, "free_related_book": { "isbn": "B085R6JPXB", "uri": "\/textbooks\/personal-budgeting-a-detailed-practical-guide-1st-edition-979-8623180728-270729", "name": "Personal Budgeting A Detailed Practical Guide", "edition": "1st Edition" }, "question_posted": "2024-06-05 12:07:11", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/two-portfolio-managers-are-discussing-the-investment-characteristics-of-amortizing", "description": "Two portfolio managers are discussing the investment characteristics of amortizing securities. 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