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You have a credit card that charges an interest rate of 17.85% 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 17.85% compounded monthly. The table below shows your activity for the month of April. Amount Date Activity April 1 Beginning Balance April 3 Purchase April 9 Payment April 19 Purchase April 20 Purchase April 22 Purchase April 30 Ending Balance 30.20 -175.00 84.50 18.00 Balance 575.00 605.20 430.20 514.70 532.70 590.10 590.10 57.40 What is the average daily balance for this account? S What is the finance charge for the month of April? S

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