In Problems 83 - 86 , assume that the annual interest rate on a credit card is 19.99 % and interest is calculated by the average daily balance method. The unpaid balance at the start of a 30 -day billing cycle was. A purchase of $49 .82 was made on day 15 .No payment was made during the billing cycle and a late fee of $37 was charged to the account on day 25 . Find the unpaid balance at the end of the billing cycle.
In Problems 83 - 86 , assume that the annual interest rate on a credit card is 19.99 % and interest is calculated by the average daily balance method. The unpaid balance at the start of a 30 -day billing cycle was. A purchase of $49 .82 was made on day 15 .No payment was made during the billing cycle and a late fee of $37 was charged to the account on day 25 . Find the unpaid balance at the end of the billing cycle.
Solution Summary: The author calculates the amount of the unpaid balance at the end of a billing cycle, based on the average daily balance method.
In Problems
83
-
86
, assume that the annual interest rate on a credit card is
19.99
%
and interest is calculated by the average daily balance method.
The unpaid balance at the start of a
30
-day billing cycle was. A purchase of
$49
.82
was made on day
15
.No payment was made during the billing cycle and a late fee of
$37
was charged to the account on day
25
. Find the unpaid balance at the end of the billing cycle.
Q9. If A and B are two events, prove that P(ANB) ≥ 1 − P(Ā) – P(B). [Note: This
is a simplified version of the Bonferroni inequality.]
Ruff, Inc. makes dog food out of chicken and grain. Chicken has 10 grams of protein and 5 grams of fat per ounce, and grain has 2 grams of protein and 2 grams of fat per ounce. A bag of dog food must contain at least 222 grams of protein and at least 162 grams of fat. If chicken costs 11¢ per ounce and grain costs 1¢ per ounce, how many ounces of each should Ruff use in each bag of dog food to minimize cost? (If an answer does not exist, enter DNE.)
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