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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540 Exercise 129
(a) Find the average daily balance for the following credit card accounts. Assume one month between billing dates using the proper number of days in the month. __________ (b) Then find the finance charge if interest is 1.5 % per month on the average daily balance. __________ (c) Finally, find the new balance.
Previous balance $714.58
Previous balance $714.58
Explanation
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Consider each income and outcome separa...
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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