Business

Damion Spence

30 January, 05:50

Combine the information in the problem and the chart using the average balance method to solve the problem. The account balance on April 1st is $50.51. On April 15th a payment of $15.00 is made. What is the average daily balance for the account? What is the finance charge if the annual rate is 18%? What is the new account balance? Average daily balance = $ The Finance charge = $ New account balance = $

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