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You have a credit card that charges an interest rate of 7.75% compounded monthly. The table below shows your activity for the month of April.

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You have a credit card that charges an interest rate of 7.75% compounded monthly. The table below shows your activity for the month of April. C Amount Date Activity April 1 Beginning Balance April 9 Purchase April 11 Payment April 20 Purchase April 25 Purchase April 28 Purchase April 30 Ending Balance 35.90 - 200.00 86.75 18.00 45.00 Balance 500.00 535.90 335.90 422.65 440.65 485.65 485.65 What is the average daily balance for this account? s How much interest is owed this month? $ How much total money is owed at the end of the month? $ Question Help: Message instructor Submit Question You can retry this question below On November 1st, Ben owes $500 on his credit card. On November 5th, Ben pays $60 towards the balance of the card. On November 12th, Ben makes $90 in purchases. On November 22nd, Ben pays $150 towards the balance of the card. The average daily balance of the card for the month of November is s7 x Question Help: Message instructor Submit Question Similar question You can retry this question below The Jones want to save $69,000.00 in 5 years for a down payment on a house. If they make monthly deposits in an account paying 5% compounded monthly, what is the size of the payments that are required to meet their goal? The monthly payments are $ 896 x. (Round to 2 decimal places.) Question Help: Message instructor Submit

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