Please do not use any Excel or any tool. Solve simply using formulas and basic concept explaing each step. Give handwritten answer Angelika started the month of March owing $20,000 on her home equity line of credit (HELOC). She made a payment of $5,000 on the fifth, borrowed $15,000 on the nineteenth, and made another payment of $5,000 on the twenty-sixth. Using each day's closing balance for your calculations, what was the average balance in the HELOC for the month of March?
Please do not use any Excel or any tool. Solve simply using formulas and basic concept explaing each step. Give handwritten answer Angelika started the month of March owing $20,000 on her home equity line of credit (HELOC). She made a payment of $5,000 on the fifth, borrowed $15,000 on the nineteenth, and made another payment of $5,000 on the twenty-sixth. Using each day's closing balance for your calculations, what was the average balance in the HELOC for the month of March?
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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Please do not use any Excel or any tool.
Solve simply using formulas and basic concept explaing each step.
Give handwritten answer
Angelika started the month of March owing $20,000 on her home equity line of credit (HELOC). She made a payment of $5,000 on the fifth, borrowed $15,000 on the nineteenth, and made another payment of $5,000 on the twenty-sixth. Using each day's closing balance for your calculations, what was the average balance in the HELOC for the month of March?
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