A credit card account has a Php 5,000 balance on April 1. A purchase of Php 999
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- A credit card account has a Php 5,000 balance on April 1. A purchase of Php 999 was made on April 5 and payment of Php 2,000 was made on April 18. Find the total balance owed on the May 1 bill if the interest rate is 1.2% per month. Note: Your answer must only contain numbers. Round off your answer to the nearest whole number.
Related Book For
College Accounting A Contemporary Approach
ISBN: 978-0077639730
3rd edition
Authors: David Haddock, John Price, Michael Farina
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