The calculation uses the accumulated daily balance method (ADB).
We assume the statement is based on calendar month (rare!).
George owes $500 from beginning to end of June, so 30 days out of 30.
Interest accrued is 500*0.013*30/30=$6.50.
He also owes $2000 from June 12 to June 30, so 19 days inclusively.
Interest accrued is $2000*.013*(19/30)=16.47
Total interest at the end of the month=$6.50+$16.47=$22.97
Answer:
12.54
Step-by-step explanation:
5>0
she will need to mow 8 yards because 109 divided by 15 equals 7.2 but she cant just mow 7.2 yards so you round up to 8 yards
$1.32 per bottle because you would divide $5.28 into 4 and get $1.32
