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Libraries i ent Services to Recordings Meetings Question 7 B0/4 pts 31 Details For the credit card account below, compute the average daily balance,

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Libraries i ent Services to Recordings Meetings Question 7 B0/4 pts 31 Details For the credit card account below, compute the average daily balance, the finance charge, and the account balance for the next billing. Assume the billing cycle begins on the same date each month and that the interest rate is 16% per month. Previous Balance plus Interest: $1030 April 1 First Day of the Billing Cycle $1030 April 12 Puchase Clothes 569 April 17 Returns April 15 Online Purchase April 27 Purchase Flowers April 28 Payment $123 541 529 5132 Average Daily Balance: Monthly Finance Charge: Account Balance for the start of the Next Billing: Submit Question

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