For the billing period from 4/25 to 5/24, John’s credit card carried the following balances:
Dates Balance
4/25 – 5/8 $300.00
5/9 – 5/13 $400.00
5/14 – 5/24 $500.00
13. What is the average daily balance for the billing period?
14. Assume the credit card has an APR of 14.6%. How much is the finance charge for the billing period?
15. What will be the new balance on 5/25?

Question

For the billing period from 4/25 to 5/24, John’s credit card carried the following balances:
Dates Balance
4/25 – 5/8 $300.00
5/9 – 5/13 $400.00
5/14 – 5/24 $500.00
13. What is the average daily balance for the billing period?
14. Assume the credit card has an APR of 14.6%. How much is the finance charge for the billing period?
15. What will be the new balance on 5/25?

pphalke · Answer

@YumYum247 please help do u know how

yumyum247 · Answer

yooo too mach werk n i have my own werk........uhhh plz ask sumone else...plzzz??

yumyum247 · Answer

@TheSmartOne