subject
Business, 01.07.2020 16:01 beej543

Here is Ann's credit card statement for the month of June. Date Transaction Transaction amount June 1 Beginning balance $2300.75 June 9 Purchase . $55.03 June 23 Purchase $770.30 June 26 Payment $650 001 (a) Use the credit card statement to help fill in the table below. Note that there are 30 days in June. Also, a purchase increases the unpa payment decreases the unpaid balance. Date Transaction Unpaid Number balance of days $18,406.00 Transaction Unpaid Number of days at that balance amount balance $2300.75 $2300.758 days (from June I through June 8) $55.03 $2355.78 days (from June 9 through June 22) $770.30 S 3 days (from June 23 through June 25) $650.00 $ 5 days (from June 26 through June 30) Total: 30 days June 1 Beginning balance June 9 Purchase June 23 Purchase June 26 Payment $ Total: $0
(b) Find the average daily balance. Write your answer to the nearest cent. $
(c) Suppose the credit card company charges an interest rate of 1.4. on the average daily balance for June found in part (b). How much interest will be charged? Write your answer to the nearest cent.
(d) What will Ann's beginning balance be for the month of July (including the interest for June found in part (c)) $

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 04:40
Select the correct answerwhat is the responsibility of each of the twelve federal reserve's banks in their districts? a.they set the prime rateob.they monitor functioning of banks in their through onsite and offsite reviewsc.they assess taxes in their destnictd.they write fiscal policies
Answers: 1
question
Business, 22.06.2019 09:30
What is the relationship among market segmentation, target markts, and consumer profiles?
Answers: 2
question
Business, 22.06.2019 10:30
Describe three scenarios in which you might utilize mathematics to investigate a crime scene, accident scene, or to make decisions involving police practice. be sure to explain how math is used in police as they work through each scenario.
Answers: 1
question
Business, 22.06.2019 17:20
States that if there is no specific employment contract saying otherwise, the employer or employee may end an employment relationship at any time, regardless of cause. rule of fair treatment due-process policy rule of law employment flexibility employment at will
Answers: 1
You know the right answer?
Here is Ann's credit card statement for the month of June. Date Transaction Transaction amount June...
Questions
question
History, 28.01.2021 01:50
question
Mathematics, 28.01.2021 01:50
question
Mathematics, 28.01.2021 01:50
question
Mathematics, 28.01.2021 01:50
Questions on the website: 13722363