2/3 hour =2/3×60 min=40 min
2/3 hour=2/3×3600 seconds=2400seconds
6. 300
7. 20
9. 300
10. 800
12. 800
13. 700
15. 700
16. 700
.
For each term you will plug in the term number into n. 2, 4, 8, 16
Answer: 9006.16
Step-by-step explanation:
In general, the length of billing cycle is at least 15 days and no longer than 90 days.
The finance charge for a billing cycle is $9,006.16.
The new opening balance in the following billing cycle is $29,006.16.
