Use average daily balance method to answer the questions based on the information given. the account balance on april 1st is $50.51. on april 15th, a payment of $15.00 is made. what is the average daily balance for the account? what is the finance charge if the annual rate is 18%? what is the new account balance? average daily balance is charge is balance

1) Average daily balance= $1.00

2) Finance Charge= $11.1

New Balance= $ 24.41

Step-by-step explanation:

1) Average daily balance is $15.00/ 15 days = $ 1.00

2) Finance Charge is calculated using the formula= $ 15 *18 *15/365= $ 11.1

New Balance : = $50.51- $ 15.00- $ 11.1= $ 24.41

amount of oatypop that contains the prize = 40%

amount   of oatypop which doesn't contain the prize = (100-40)=60%

probability that hannah will win a prize

    = s +f s +f f s+ff   f s+ff f f s+ infinity.where f= failure,s= success

=   or 60%

probability that hannah only has to buy 3 or less boxes before getting a prize= (s) and ( f s) and (ff s) and (f f f s)

        = = 87.04 %  

step-by-step explanation: