Question
On August 10, a credit card account had a balance of $375. A purchase of $58 was made on August 15, and $159 was charged
On August 10, a credit card account had a balance of $375. A purchase of $58 was made on August 15, and $159 was charged on August 27. A payment of $75 was made on August 15. The interest on the average daily balance is 1.35% per month. Find the finance charge on the September 10 bill. (Round your answer to two decimal places.)
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
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