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The activity on Jenny's credit card account for one billing period is shown below. The billing period is Mar 10 through Apr 9, the previous
The activity on Jenny's credit card account for one billing period is shown below. The billing period is Mar 10 through Apr 9, the previous balance was $2590.19, and the annual interest rate is 12 1/4% . Find the average daily balance, the finance charge, and the new balance. March 14_utilitys bill_$87.21 Apr 1_CC payment_$1500 
2) The activity on Jenny's credit card account for one billing period is shown below. The billing period is Mar 10 through Apr 9, the previous balance was $2590.19, and the annual interest rate is 12%. Find the average daily balance, the finance charge, and the new balance. Mar 14 utilities bill $87.21 average daily balance: Apr 1 CC payment -$1500 finance charge: new balance Step by Step Solution
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Accounting And Finance For Non-Specialists
Authors: Eddie McLaney, Peter Atrill
11th Edition
1292244011, 9781292244013
