Question: Math 1 1 , F WCLN . ? * * * 9 . Julia starts April with a credit card balance of $ 3 0

Math

11,

WCLN

. ?^{* *} *

9 .

Julia starts April with a credit card balance of $

300

because she was not able to make the full payment for March.

During April, she makes the following purchases:

April

10 -

250

for groceries.

April

18 -

800

for a new phone

April

23 -

80

for a birthday present for her brother

Calculate the Average Daily Balance given that there are

30

days in April. You will need to divide April into four sets of days.

10 .

Using the Average Daily Balance you calculated in the previous question, determine how much interest Julia is charged for April if her credit card has a

16 %

interest rate.

2020 - 11 - 29

Page

8

24

Math 11, F WCLN.?*** 9. Julia starts April with a credit

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