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The average daily balance of a credit card for the month of October was $580 , and the unpaid balance at the end of the
The average daily balance of a credit card for the month of October was $580
, and the unpaid balance at the end of the month was $400
. If the monthly interest rate is 1.3%
of the average daily balance, what is the total balance on the next billing date November 1
? Round your answer to the nearest cent.
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