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Your credit card charges 21% interest, compounded monthly. Here is your activity for October, 2018. (It was not a leap year) What is the service

Your credit card charges 21% interest, compounded monthly. Here is your activity for October, 2018. (It was not a leap year)

  1. What is the service charge if your credit card uses ending balance method?

Date

Amount

Balance

Days

Start of October

300

Charge

10/4

80

Payment

10/7

300

Charge

10/20

20

Charge

10/31

10

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