Mathematics
Mathematics, 06.12.2021 21:00, ROBIOX5934

The balance on a credit card, that charges an 18% 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?
round to the nearest hundredth

answer
Answers: 2

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The balance on a credit card, that charges an 18% APR interest rate, over a 1 month period is given...

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