Suppose you begin the month of December with a credit card balance of $1433.92, and the finance charge is computed using the Average Daily Balance method. The APR is 16%. You charge $130 on Dec 9, and make a payment of $325 which is received by the bank on 15 Dec but not credited to your account until the next day, 16 Dec. On 22 Dec you charge $125 for gifts. What is the ending balance for December?

Above you began the month of December with a credit card balance of $1433.92, and the finance charge is computed using the Average Daily Balance method. The APR is 16%. You charge $130 on Dec 9, and make a payment of $325 which is received by the bank on 16 Dec. On 22 Dec you charge $125 for gifts. What is the Average Daily Balance for the month of December that the finance charge is computed with?

Above you began the month of December with a credit card balance of $1433.92, and the finance charge is computed using the Average Daily Balance method. The APR is 16%. You charge $130 on Dec 9, and make a payment of $325 which is received by the bank on 16 Dec. On 22 Dec you charge $125 for gifts. What will be your finance charge for the month of December?

Above you began the month of December with a credit card balance of $1433.92, and the finance charge is computed using the Average Daily Balance method. The APR is 16%. You charge $130 on Dec 9, and make a payment of $325 which is received by the bank on 16 Dec. On 22 Dec you charge $125 for gifts. Above you found the finance charge for the month of December. Now, what is the beginning balance for January?