Mathematics, 29.11.2021 22:20 svarner2001

The balance on a credit card, that charges a 10.5% APR interest rate, over a 1 month period is given in
the following table:

Days 1-5: $200 (initial balance)

Days 6-20: $350 ($150 purchase)

Days 21-30: $150 ($200 payment)

What is the finance charge, on the average daily
balance, for this card over this 1 month period?

finance charge = $ [?]
Round to the nearest hundredth.

The balance on a credit card, that charges a 10.5%

APR interest rate, over a 1 month period is gi

Answers: 1

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The balance on a credit card, that charges a 10.5% APR interest rate, over a 1 month period is giv...

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