Liz has a revolving credit account at an annual percentage rate of 12%. Use the average daily balance method to find the new balance given the following statement of account. STATEMENT OF ACCOUNT...


Liz has a revolving credit account at an annual percentage rate of 12%. Use the average daily balance method to find the new<br>balance given the following statement of account.<br>STATEMENT OF ACCOUNT Billing cycle: January 1–31<br>January 1<br>Previous month's balance<br>$454.11<br>January 9<br>Payment<br>38.95<br>January 18<br>Velazquez Decks<br>77.87<br>January 22<br>Motorcycle Meсса<br>80.17<br>January 30<br>Valencia Beauty Salon (Credit)<br>110.43<br>$146.69<br>$307.42<br>$462.77<br>$467.56<br>

Extracted text: Liz has a revolving credit account at an annual percentage rate of 12%. Use the average daily balance method to find the new balance given the following statement of account. STATEMENT OF ACCOUNT Billing cycle: January 1–31 January 1 Previous month's balance $454.11 January 9 Payment 38.95 January 18 Velazquez Decks 77.87 January 22 Motorcycle Meсса 80.17 January 30 Valencia Beauty Salon (Credit) 110.43 $146.69 $307.42 $462.77 $467.56

Jun 04, 2022
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