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Assume you have the following credit card statement for September 9 - October 8 for a card with a 15.46% APR Previous Balance Payment (September 14) Charges: $296 $100 Sept 10 $87 Sept 18 Sept 24 Oct 1 $55 $87 $272 Days in cycle 30 Find the Average Daily Balance for this statement. Round your answer to the nearest cent.

Assume you have the following credit card statement for September 9 - October 8 for a card with a 15.46% APR Previous Balance Payment (September 14) Charges: $296 $100 Sept 10 $87 Sept 18 Sept 24 Oct 1 $55 $87 $272 Days in cycle 30 Find the Average Daily Balance for this statement. Round your answer to the nearest cent.

Advanced Engineering Mathematics
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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Question 1 Assume you have the following credit card statement for September 9 - October 8 for a card with a 15.46% APR Previous Balance $296 $100 Payment (September 14) Charges: Sept 10 $87 Sept 18 $55 Sept 24 $87 Oct 1 $272 Days in cycle 30 Find the Average Daily Balance for this statement. Round your answer to the nearest cent.
Transcribed Image Text:Question 1 Assume you have the following credit card statement for September 9 - October 8 for a card with a 15.46% APR Previous Balance $296 $100 Payment (September 14) Charges: Sept 10 $87 Sept 18 $55 Sept 24 $87 Oct 1 $272 Days in cycle 30 Find the Average Daily Balance for this statement. Round your answer to the nearest cent.
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