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Suppose that your credit card activity for December looked like this: Date Activity December 5 $280 purchase December 10 $582 purchase December 16 $433 purchase
Suppose that your credit card activity for December looked like this:
| Date | Activity |
| December 5 | $280 purchase |
| December 10 | $582 purchase |
| December 16 | $433 purchase |
| December 21 | $283 purchase |
| December 25 | $110 purchase |
What was your average daily balance for December?
Round your answer to the nearest dollar.
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
8th Edition
0324258917, 9780324258912
