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Mathematics
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OpenStudy (anonymous):
Below is a table outlining Betty-Sue’s monthly charges and payments on her credit card for the month of August (31 days): Date Activity Amount Balance Forward Days (Freq) August 1 $2,400.00 August 4 Payment $200.00 August 8 Charge $45.33 August 15 Charge $100.00 August 18 Payment $75.00 August 21 Charge $11.82 a. Determine her average daily balance. b. Suppose her credit card charges 19% APR. Determine the interest accrued this month.
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