You have a credit card that charges an interest rate of 1 8 compounded monthly The table below shows your activity for the month of December Date Activity Amount December 1 Beginning Balance 1327 24 December 9 Purchase 28 84 December 10 Payment 150 December 16 Purchase 97 76 December 22 Purchase 14...

Answer CALCULATION OF STATEMENT BALANCE WORKINGS December 1 Beginning ...

You have a credit card that charges an interest rate of 1.8% compounded monthly. The table below

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You have a credit card that charges an interest rate of 1.8% compounded monthly. The table below shows your activity for the month of December.

Date	Activity	Amount
December 1	Beginning Balance	1327.24
December 9	Purchase	28.84
December 10	Payment	−150
December 16	Purchase	97.76
December 22	Purchase	14.56
December 23	Purchase	54.47
December 31	Closing Date

What is the statement balance due for December?

Posted Date: Jun 21, 2021 04:27 AM

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You have a credit card that charges an interest rate of 1.8% compounded monthly. The table below

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