A credit card account had a balance of $959 on May 5. A purchase of $285 was made on May 17, and a payment of $150 was made on May 20. The interest on the average daily balance is 1.5% per month. Find...


A credit card account had a balance of $959 on May 5. A purchase of $285 was made on May 17, and a payment of $150 was made on May 20. The interest on the average daily balance is 1.5% per month.

Find the average daily balance on the June 5 bill. (Round your answer to the nearest cent.



Jun 06, 2022
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