30 POINTS!!!!! URGENT!

Mathematics

2 answers:

zzz [600]4 years ago

7 0

Answer:

Average daily balance: Add all balances up and divide by the number of days.

157.63*9+239.98*1+239.98*4+180.38*1+180.38*9+190.57*1+190.57*6 gives us our total of 5756.36, and there were 9+1+4+1+9+1+6=31 days, so 5756.36/31 gives us our average of 185.69, or the fourth option

Daily interest rate: 24.99/365, as a percent, which is the first option

Finance charge: This is the cost of borrowing, and does not seem to be given, so we can take it to be the lowest amount, or the third value

New account balance: Again, this does not seem to be given, but the only option remaining is the second one

Step-by-step explanation:

vekshin14 years ago

3 0

Step-by-step explanation:

Average daily balance: Add all balances up and divide by the number of days.

157.63*9+239.98*1+239.98*4+180.38*1+180.38*9+190.57*1+190.57*6 gives us our total of 5756.36, and there were 9+1+4+1+9+1+6=31 days, so 5756.36/31 gives us our average of 185.69, or the fourth option

Daily interest rate: 24.99/365, as a percent, which is the first option

Finance charge: This is the cost of borrowing, and does not seem to be given, so we can take it to be the lowest amount, or the third value

New account balance: Again, this does not seem to be given, but the only option remaining is the second one

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Ghella [55]

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