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The following is Justins credit card statement for November. Using the Average Daily Balance method, a billing cycle of 30 days, and an APR of
The following is Justins credit card statement for November. Using the Average Daily Balance method, a billing cycle of 30 days, and an APR of 21%, Clculate:
date | Purchase | Payment | Balance |
11/1 |
|
| 420.00 |
11/8 | 75.50 |
|
|
11/13 |
| 90.00 |
|
11/18 | 67.80 |
|
|
11/22 | 120.55 |
|
|
11/30 | (F.Charge) |
|
|
13. the balances of:
a.November 8th
b. November 13th
c. November 18th
d. November 22nd
e. November 30th
14. the finance charge on November 30th
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