Last month the average daily balance on Kaitlin's credit card was $1,646.69. If there were 30 days in that month, and her annual

Question

Last month the average daily balance on Kaitlin's credit card was $1,646.69. If there were 30 days in that month, and her annual interest rate was 18.43 %, what is the amount of interest that she will pay on her credit card that month? Round your answer to the nearest penny. Do not input the dollar sign. Do not use a comma.

Kunduz · Accepted Answer

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