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Using the table, what is the average daily balance of the credit card for the August 1 through August 3 1 billing period? Round your

Using the table, what is the average daily balance of the credit card for the August

1

through August

31

billing period? Round your answer to the nearest dollar.

Day Activity Adjustment Closing Balance

1 - - - - 850

8

Payment

500 350

16

Purchase

+ 100 450

24

Purchase

+ 200 650

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