For the credit card account, assume one month between billing dates (with the appropriate number of days) and interest of 1.4% per month on the average daily balance. Find (a) the average daily balance. (b) the monthly finance charge, and (c) the account balance for the next billing. Previous Balance: $477.66 January 10 Billing Date January 14 Returns January 20 Clothes January 26 Bus tickets February 2 Payment i February 7 Flowers $105.81 $117,78 $69.84 $125 $54.18 (a) The average daily balance is $ (Round to the nearest cent as needed.)
For the credit card account, assume one month between billing dates (with the appropriate number of days) and interest of 1.4% per month on the average daily balance. Find (a) the average daily balance. (b) the monthly finance charge, and (c) the account balance for the next billing. Previous Balance: $477.66 January 10 Billing Date January 14 Returns January 20 Clothes January 26 Bus tickets February 2 Payment i February 7 Flowers $105.81 $117,78 $69.84 $125 $54.18 (a) The average daily balance is $ (Round to the nearest cent as needed.)
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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