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kwmusick kwmusick
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8 months ago

Louis just received the following statement. (A) Calculate his Average Daily Balance and (B) the Finance Charge, if the Finance Charge is 4.6% on the average daily balance.

Note: Round your answer to the nearest cent.

31 Day Billing Cycle

9/4Previous Balance$ 1,650
9/10Payment$ 500
9/12Charge$ 820
9/28Charge$ 230
10/1Payment$ 500
Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
Author:
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shandaman13shandaman13
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8 months ago
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kwmusick Author
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8 months ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Gorgio_De
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Yesterday
This site is awesome
big_larry_samp
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2 hours ago
Thanks for your help!!
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