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The due date on Lacee's credit card is the 8th day of each month. Lacee's unpaid credit card balance on July 8th is $2,350.
The due date on Lacee's credit card is the 8th day of each month. Lacee's unpaid credit card balance on July 8th is $2,350. From July 9th to August 8th, she charged an additional $390 and made a payment of $350. Assuming the annual interest rate on her card is 13.5% and the finance charge is computed using the unpaid balance method, find the total unpaid balance on Lacee's card on August 8th. Balance = $ What additional finance charge will be added to her August balance after the 8th? Finance charge = $ The due date on Lacee's credit card is the 8th day of each month. Lacee's unpaid credit card balance on July 8th is $2,350. From July 9th to August 8th, she charged an additional $390 and made a payment of $350. Assuming the annual interest rate on her card is 13.5% and the finance charge is computed using the unpaid balance method, find the total unpaid balance on Lacee's card on August 8th. Balance = $ What additional finance charge will be added to her August balance after the 8th? Finance charge = $
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Calculating Lacees August Credit Card Balance and Finance Charge Step 1 Calculate the daily interest ...
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Auditing and Assurance services an integrated approach
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
14th Edition
133081605, 132575957, 9780133081602, 978-0132575959
