The balance on a credit card, that charges a 20% APR interest rate, over a 1 month period is given in the following table: Days 1-3: $150 (initial balance) Days 4-20: $200 ($50 purchase) Days 21-30:...

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The balance on a credit card, that charges a 20%<br>APR interest rate, over a 1 month period is given in<br>the following table:<br>Days 1-3:<br>$150 (initial balance)<br>Days 4-20: $200 ($50 purchase)<br>Days 21-30: $50<br>($150 payment)<br>What is the finance charge, on the average daily<br>balance, for this card over this 1 month period?<br>finance charge = $ [?]<br>Round to the nearest hundredth.<br>Enter<br>LAcellus Corporation. All Rights Reserved.<br>58°F Cle<br>%2:<br>

Extracted text: The balance on a credit card, that charges a 20% APR interest rate, over a 1 month period is given in the following table: Days 1-3: $150 (initial balance) Days 4-20: $200 ($50 purchase) Days 21-30: $50 ($150 payment) What is the finance charge, on the average daily balance, for this card over this 1 month period? finance charge = $ [?] Round to the nearest hundredth. Enter LAcellus Corporation. All Rights Reserved. 58°F Cle %2:

Jun 02, 2022

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The balance on a credit card, that charges a 20% APR interest rate, over a 1 month period is given in the following table: Days 1-3: $150 (initial balance) Days 4-20: $200 ($50 purchase) Days 21-30:...

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