17. Calculate the finance charges for the following credit card account for August (which has 31 days) using the average daily balance method. July's balance was $275 and the annual interest rate is...

17. Calculate the finance charges for the following credit card account for August (which has 31 days)<br>using the average daily balance method. July's balance was $275 and the annual interest rate is<br>18%.<br>Date<br>Transaction<br>August 6<br>Made payment of $75<br>August 12<br>Charged $115 for clothes<br>August 19<br>Charged $20 for gasoline<br>August 24<br>Charged $16 for lunch<br>

Extracted text: 17. Calculate the finance charges for the following credit card account for August (which has 31 days) using the average daily balance method. July's balance was $275 and the annual interest rate is 18%. Date Transaction August 6 Made payment of $75 August 12 Charged $115 for clothes August 19 Charged $20 for gasoline August 24 Charged $16 for lunch

Jun 04, 2022

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17. Calculate the finance charges for the following credit card account for August (which has 31 days) using the average daily balance method. July's balance was $275 and the annual interest rate is...

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