Suppose the charge account of Strongs Mailing Service at the local supply store had a
Chapter 12, Problem 6(choose chapter or problem)
Suppose the charge account of Strongs Mailing Service at the local supply store had a 1.8% interest rate per month on the average daily balance. Find the average daily balance if Strongs had an unpaid balance on March 1 of $128.50, a payment of $20 posted on March 6, and a purchase of $25.60 posted on March 20. The billing cycle ends March 31.
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