Question: Mary has a charge card. She receives a bill, dated January 5. The balance fluctuated during the billing period as follows: the balance was $500

Mary has a charge card. She receives a bill, dated January 5. The balance fluctuated during the billing period as follows: the balance was $500 for the first 3 days, $980 for the next 5 days, $255 for the next 10 days, $800 for the next 5 days, and $1,020 for the last 8 days.

Calculate your average daily balance. how to input this problem in the business calculator

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!