Question: whats the answer to A, B, C, and D please. please highlight the final answers for me. XS-Connor Judge-Fix To Hele w His Child's Codex
XS-Connor Judge-Fix To Hele w His Child's Codex koogids.exe/to_u-IgNUKY7;8P3H-1WH 7 COOK KWOC-WYGAXXSHAXZYKVALJZOOTICPLAM 165 ypp My ASU Google Docs Finance Practice Questitin 2010 points in A1011 Here is Lisa's credit card statement for the month of January Date Transaction Transaction amount January 1 Beginning balance 52280.10 January 7 Purchase 5700.50 January 14 Payment $352,00 January 20 Purchase 5840.46 C) Use the credit card Matement to help to the table below. Note that there are 31 days in January, Also, a purchase increases the unpaid balance and a payment decreases the unpaid balance Date Transaction would Unpad Number Transaction Number of days at that balance amount balance bistance of days January! Beginning balance $2380,10 52280.106 days (from January 1 through January 6) $13.680.60 January 7 Purchase 5700.30 $2980.60 days (from try through January 13) January 14 Payment $352.00 si 6 days from January 14 through January 10 January 20 Purchase 5840.46 $0 12 days from January 20 through away 31) $ Total 31 de Totat: 30 ? (b) Find the average daily balance Write your answer to the nearest cent si (c) Suppose the crot card company charges an interest rate of 1.6% on the average daily balance for January found in part (How much interest will be charged? Write your answer to the nearestent. (d) What wil U beginning balance be for the month of February (loding the interest for January found in part (0) s0 Check Save For Later Sot ! 2 N@ $ 4 UTX 3 6 7 8 9 0
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
