In his online banking app, Lao set automatic payments of $12 to be made at the beginning of each day towards the balance of his credit line. If it took Lao 5 years and 195 days to pay off the balance, what was the amount of the balance? The credit line charged 10% compounded daily.

Answer rating: 100% (QA)

python import datetime Calculate the number of days days 5 365 195 Calculate the interest rate ... View the full answer