The balance on Jim's credit card on April 17, the billing date, was $78.30. For the period ending May 16, he made the following transactions.
April 20 payment $50.00
May 1 charge for gas: $29.20

a. find the average daily balance for the billing period
b. find the finance charge that is due may 17
c. find the balance that is due may 17

Question

The balance on Jim's credit card on April 17, the billing date, was $78.30. For the period ending May 16, he made the following transactions.
April 20 payment $50.00
May 1 charge for gas: $29.20

a. find the average daily balance for the billing period
b. find the finance charge that is due may 17
c. find the balance that is due may 17

pphalke · Answer

@mathstudent55 @Anaise @Mehek14

pphalke · Answer

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