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momoluv25 momoluv25
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A year ago

Calculate (A) the average daily balance and (B) the finance charge, if finance charge is 1% on the average daily balance.

Note: Round your answers to the nearest cent.

30 Day Billing Cycle

4/20Previous Balance$ 800
4/27Payment$ 100
4/30Charge$ 300
5/9Payment$ 50
5/12Cash Advance$ 200
Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
Author:
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jjwatsonjjwatson
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