sequricagarrel sequricagarrel

18-04-2024
Mathematics

Answered

Detail
Date
Amount
Unpaid balance
August 1
$635
Charge
August 9
$1010
Charge
August 10
$890
Charge
August 18
$905
Payment received
August 25
$665
Last day of billing period
August 31
Payment due date
September 7
(a) Find the average daily balance. $ 782.50
(b) Find the interest due for this month. $ 1.96
(c) Find the total balance owed on the last day of the billing period. $
(d) This credit card requires a $15 minimum payment or 1/24 of the amount due, whichever is higher. What
is the minimum monthly payment due for this month? $

Detail Date Amount Unpaid balance August 1 635 Charge August 9 1010 Charge August 10 890 Charge August 18 905 Payment received August 25 665 Last day of billing class=

Answer :

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