Assume no purchases or returns are made in the exercise given below. At the beginning of a​ 31-day billing​ period, Sandra Lazzaro has an unpaid balance of ​$730 on her credit card. Three days before...




Assume no purchases or returns are made in the exercise given below.


At the beginning of a​ 31-day billing​ period, Sandra Lazzaro has an unpaid balance of
​$730

on her credit card. Three days before the end of the billing​ period, she pays
​$600

Find her finance charge at
3.4%

per month using the average daily balance method.





The finance charge for Sandra Lazzaro is
​$





Jun 04, 2022
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