Consider the following credit card activity for the month of November:

Day Balance Number of Days

November $1$ $$2973$

November $4$ $$3616$

November $10$ $$4645$

November $15$ $$5567$

November $22$ $$6594$

November $26$ $$7854$

November $30\mathrm{ \; 1}$

Suppose that a large purchase is made on November $30$th$.$ If the credit card's ADB for November is $$624,$ how much money was this purchase for?

Note that this question is not asking for the balance on November $30$th$.$

Round your answer to the nearest dollar.

Answer rating: 100% (QA)

Heres how to calculate the amount of the large purchase made on November 30th Average Daily Balance ADB Formula The average daily balance ADB is calculated by summing the daily balances for the entire ... View the full answer