Sarah started her November 1, 30-day credit card billing period with a balance of $200. She...

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Sarah started her November 1, 30-day credit card billing period with a balance of $200. She used her credit card to purchase medication costing $75 on November 6th, paid for car repairs of $600 on November 10th, and made a small payment of $100 on November 20th her annual credit card interest rate is 18%, compounded daily. How much interest will he be charged for the month of December, assuming the average daily balance method is used? Question 9 Aisha's gross income is $80,000 a year. She just purchased her first home with a 25-year amortization period and a 2.9%, compounded semi-annually, mortgage rate locked in for a 5-year term. Her payments are monthly. She will also have to pay $2,000 a year in heating costs, and $4,000 a year in municipal taxes. Hers was a conventional mortgage, and her GDS ratio was 0.30. How much did she pay for her house? Note: The balance of a loan is equal to the present value of the remaining payments. Sarah started her November 1, 30-day credit card billing period with a balance of $200. She used her credit card to purchase medication costing $75 on November 6th, paid for car repairs of $600 on November 10th, and made a small payment of $100 on November 20th her annual credit card interest rate is 18%, compounded daily. How much interest will he be charged for the month of December, assuming the average daily balance method is used? Question 9 Aisha's gross income is $80,000 a year. She just purchased her first home with a 25-year amortization period and a 2.9%, compounded semi-annually, mortgage rate locked in for a 5-year term. Her payments are monthly. She will also have to pay $2,000 a year in heating costs, and $4,000 a year in municipal taxes. Hers was a conventional mortgage, and her GDS ratio was 0.30. How much did she pay for her house? Note: The balance of a loan is equal to the present value of the remaining payments.

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For the first question The average daily balance for the month of November is calculated as follows ... View the full answer