Suppose the charge account of Strong's Mailing Service at the local supply store had a 1.8% interest

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Suppose the charge account of Strong's 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 Strong's had an unpaid balance on March I 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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Business Math

ISBN: 978-0133011203

10th edition

Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble

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