Make a chart to show the transactions for Rick Schiendlers credit card account in which
Chapter 12, Problem 8(choose chapter or problem)
Make a chart to show the transactions for Rick Schiendlers credit card account in which interest is charged on the average daily balance. The cycle begins on May 4, and the cycle ends on June 3. The beginning balance is $283.57. A payment of $200 is posted on May 18. A charge of $19.73 is posted on May 7. A charge of $53.82 is posted on May 12. A charge of $115.18 is posted on May 29. How many days are in the cycle? What is the average daily balance?
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