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Present Value of $1.00 John Smith has a credit card that charges 15% annual interest on the monthly average daly balance for the billing cycle.
Present Value of $1.00 John Smith has a credit card that charges 15% annual interest on the monthly average daly balance for the billing cycle. The current billing cycla has 30 days For 16 days his balance was \$2,593.43. For 8 days the balance was $1,593,43. And for 6 days the balance was $1,869. 19. Find the average dally balance. Find the amount of interest The average dally balance is 5 The amount of interest is ? (Found to the nearest cent as needed) A computer with software costs \$2,959, and Catherine Stevens has agreed to pay a 19% per year finance charge on the cash price. If she contracts to pay the loan in 18 months, how much will she pay each month? She will pays each month. (Round to the nearest cent as needed) Find the amount that should be set aside today to yield the desired future amount. Click the icon to view the present value of $1.00 table. The present value is $ (Round to the nearest cent as needed) Rosa Bumett needs $,000 in thee years to make the down payment on a new car. How much must she imost today if she receives 15$ interest annually. compounded anuaby? Click the icon to view the present yalue of $1,00 table Sthe must invest! (Round to the nearest ceet as needed) A Hopplewhite sofa costs $3,470 in cash. Jaquanna Wilson will purchase the sofa in 43 monthly lestallment payments A 15% per year finance charge will be assessed on the amovint financed. Find the finance charge, the installment price, and the monthly payment. The finance charge is ? (Typo an integer or a decimat) Present Value of $1.00
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