Question: Use the following activity chart for a credit card to find the unpaid balance on November 1. The billing cycle ended on October 31, and

Use the following activity chart for a credit card to find the unpaid balance on November 1. The billing cycle ended on October 31, and the finance charge is 1.5% of the average daily balance.

Date posted OctoberI October 8 October 11 October 16 October 21 Activity Billing date Purchase Payment Purchase Purchase Amount Previous balance $426.40 41.60 70.00 31.25 26.80

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The bank charges 15 interest per month October 1October 7 426407 298480 42640 4160 468 Octo... View full answer

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