You owe $302.87 on your credit card. Your average daily balance is $112.98, the billing cycle is 35 days, and the interest rate

Question

You owe $302.87 on your credit card. Your average daily balance is $112.98, the billing cycle is 35 days, and the interest rate on the credit card is 16%. How much do you owe?

(a)$316.44
(b)$306.40
(c)$304.60
(d)$303.66

Kunduz · Accepted Answer

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