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Mathematics 14 Online
OpenStudy (anonymous):

a credit card calculates interest using the average daily balance method. the card charges 23.4% annual interest rate on the average daily balance. the following transactions occurred during the march 1-march 31 billing period. the balance at the end of march was $6290.00, and the interest to be paid on april 1 is $122.22. find the balance due on april 1

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