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Use the average daily balance method to compute the finance charge on the 1 Month: April (30 days): previous month's balance: $3?0 credit card account
Use the average daily balance method to compute the finance charge on the 1 Month: April (30 days): previous month's balance: $3?0 credit card account for the previous month. The starting balance and _ transactions on the account for the month of April are given to the right. Assume ll April 7 Charged $52 for a 0031 an annual interest rate of 13%. ' ' April 19 Made payment of $50 April 22 Charged $174 for D'v'Ds April 25 Charged $20 for groceries The nance charge is $|:|. (Round to the nearest cent as needed.)
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