Saul has an account with a department store. His daily balance for the

1.	Saul has an account with a department store. His daily balance for the first 11 days of April was $225. His daily balance for the next 6 days was $262.22. For the last 14 days it was $297.33. What was his finance charge if the store used a rate of 2%? i will follow u if u get the answer right and mark u brainliest
Answer» Calculate the monthly FINANCE charge for the following credit card transaction. Assume that it takes 10 days for a PAYMENT to be received and recorded and that the MONTH is 30 days long. (ROUND your answer to the nearest cent.) $3,000 balance, 21% rate, $150 payment . Average daily balance method

Saul has an account with a department store. His daily balance for the first 11 days of April was $225. His daily balance for the next 6 days was $262.22. For the last 14 days it was $297.33. What was his finance charge if the store used a rate of 2%? i will follow u if u get the answer right and mark u brainliest

Answer»

Calculate the monthly FINANCE charge for the following credit card transaction.

Assume that it takes 10 days for a PAYMENT to be received and recorded and that the MONTH is 30 days long.

(ROUND your answer to the nearest cent.)

$3,000 balance, 21% rate, $150 payment .

Average daily balance method

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