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market near CRMICE (5) 00 19. Find the average daily balance (new purchases included). Dates Payment Purchase Number of Sum of End-of-Day x Balance Days

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market near CRMICE (5) 00 19. Find the average daily balance (new purchases included). Dates Payment Purchase Number of Sum of End-of-Day x Balance Days Balances 2/1-2/10 $153.78 x 10 $1,537.80 2/11 $86.42 240.20 x 1 240.20 2/12-2/20 240.20 x 9 2,161.80 2/21 $65.00 175.20 x 1 175.20 2/22-2/28 7 175.20 x Total 1,226.40 28 a. $176.55 b. $178.88 c. $190.76 $198.22 d. 20. Manuel Fraser's bank granted him a single-payment loan of $9,650. He agreed to repay the loan in 146 days at an ordinary interest rate of 7.75%. What is the maturity value of the loan? a. $9,091.22 C. b. $9,949.15 $9.953.30 d. $10,011.01 21. Adolfo Ramirez purchased a microwave and dishwasher for $897. He made an 18% down payment and financed the remainder. What amount did he finance? a. $735.54 c. $786.12 b. $766.34 d. $791.01

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