Mathematics, 09.12.2020 09:00 aallyssabrown0120
A) Use the credit card statement to help fill in the table below. Note that there are 30 days in November. Also, a purchase increases the unpaid balance, and a payment decreases the unpaid balance.
B) Find the average daily balance. Write your answer to the nearest cent.
C) Suppose the credit card company charges an interest rate of 1.6% on the average daily balance for November found in part B. How much interest will be charged? Write your answer to the nearest cent.
D) What will Milan’s beginning balance be for the month of December (including the interest for November found in part C)?
Answers: 3
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A) Use the credit card statement to help fill in the table below. Note that there are 30 days in Nov...
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