Question
Kaitlin had the following number of daily balances on her credit card account. What was the average daily balance on the account? Round your answer
Kaitlin had the following number of daily balances on her credit card account. What was the average daily balance on the account?
Round your answer to the nearest penny. Input only the number. Do not input the dollar sign. Do not use a comma. Example: 1785.43
For 3 days the balance was $525
For 4 days the balance was $827
For 5 days the balance was $1,006
For 9 days the balance was $1,265
For 8 days the balance was $1,457
Last month the average daily balance on Kaitlin's credit card was $1,552.63. If there were 29 days in that month, and her annual interest rate was 15.73 %, what is the amount of interest that she will pay on her credit card that month?
Round your answer to the nearest penny. Do not input the dollar sign. Do not use a comma.
Last month, Kaitlin's average daily balance on her credit card was $1,171.44. The annual interest rate on that credit card is 16.56%. The minimum payment on that card is the interest charge ( ) plus 3% of the ending balance or $25, which ever is larger. If there were 30 days in that month and the ending balance was $1,866.07, what would be the minimum payment that Kaitlin could make?
Round your answer to the nearest penny. Input the number. Do not input the dollar sign. Do not use a comma. Example: 89.65
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