Adjusted balance = 622.82 - 45.45 + 78.91 + 16.36 = 672.64
Adjused balance method finance charges = 672.64 x 0.1195/12 = 6.70
Average daily balance = ((622.82 x 3) + (577.37 x 6) + (656.28 x 15) + 672.64 x 6)) / 30 = (1868.46 + 3464.22 + 9844.20 + 4035.84) / 30 = 640.42
Daily balance method finance charges = 640.42 x 0.1195/12 = 6.38
Answer:
No they are not, they intersect at some point.
Step-by-step explanation:
Don’t know if this is right but I got 15+56c/8c
Answer:
F
Step-by-step explanation:
