On August 10, a credit card account had a balance of $325. A purchase of $56 was made on August 15, and $157 was charged on August 27. A payment of $79 was made on August 15. The interest on the average daily balance is 1.35% per month. Find the finance charge on the September 10 bill. (Round your answer to two decimal places.)

The finance charge on the September 10 bill is $5.08.

Explanation:

Note: See the attached excel file for the calculation of the sum of total amount owed each day (in bold red color).

From the attached excel file, we have:

Sum of total amount owed each day = $11,675

Average daily balance = Sum of total amount owed each day / Number of days in the billing period = $11,675 / 31 = $376.61

Finance charge = Average daily balance * Interest rate per month = $376.61 * 1.35% = $5.08

Therefore, the finance charge on the September 10 bill is $5.08.

it's actually a very difficult task, due to not many people can make 2 million dollars in 2 years. besides that, to the not-so-realistic ideas, you can create a business. it could be practically anything, but make it into a business that isn't that known yet, you get me? also, lets not forget about stock market. that's where all the good stuff happens. use investments at the beginning and begin to raise up your business or whatever you're going to do. as this is a very non-realistic idea, it's still worth the shot!

answer; property tax payment made in july and december;