The average daily balance for the month was $84.21, and the finance charge for the month was $30.13.
<h3><u>Averages</u></h3>
Given that Sally's balance on her credit card is $75.00 on the first day of August, and she makes a payment of $18.00 on August 17 and a new purchase of $41.00 on August 29, and the annual interest rate is 21.25%, to determine what is Sally's average daily balance and finance charge for the month of August, the following calculation must be made:
- 75 x ((21.15/12 x 16) / 100) + 75 = A = 86.89
- 57 x ((21.15/12 x 13) / 100) + 57 = B = 70.06
- 98 x ((21.15/12 x 3) / 100) + 98 = C = 103.18
- (86.89 x 16 + 70.06 x 13 + 103.18 x 3) / 31 = X
- 84.21 = X
- 86.89 + 70.06 + 103.18 - 75 - 57 - 98 = Y
- 30.13 = Y
Therefore, the average daily balance for the month was $84.21, and the finance charge for the month was $30.13.
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For a single 20 sided dice, a chance to get a certain number would be 1/20. For 2 numbers it will be a 2/20 chance, which can be simplified to a 1/10 chance that you will roll a 15 or a 17.
Answer:
The first incorrect justification is in step 2.
Step-by-step explanation:
<u>Step 2</u>. BC2 = AC • DC
2. BC ÷ DC = BC ÷ AC because triangle ABC is similar to triangle BDC
It's supposed to be AC ÷ BC not BC ÷ AC.
Answer:
1
Step-by-step explanation:
1/9 is the answer for that question