32. Determine the finance charge for a credit card during a month which has an average daily balance of $777.08 and a monthly interest rate of 2%. A) $4.86 B) $15.54 C) $14.76 D) $3.89
32. Determine the finance charge for a credit card during a month which has an average daily balance of $777.08 and a monthly interest rate of 2%. A) $4.86 B) $15.54 C) $14.76 D) $3.89
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Transcribed Image Text:32. Determine the finance charge for a credit card during a month which has an average daily
balance of $777.08 and a monthly interest rate of 2%.
A) $4.86
B) $15.54
C) $14.76
D) $3.89
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