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Take a Test Raya Smaidi Google Chrome c https:// https:// /Student/PlayerTest aspx?testld 124425814¢erwin; yes www.mathxl.com Chegg Raya Smaidi 5/4/16 11:31 PM BOOK Quiz: Unit 2 Quiz Submit Quiz Study home This Question 1 pt 2 of 25 (12 complete This Quiz: 25 pts possible The balance on Ramon Felipe's credit card on January 12, his billin g date January 22 Charge $38.22 Was $264.97. For the period ending February 12, Ramon had the following transactions Restaurant meal January 29 Payment $130.00 to the right. $47.69 a) Find the average daily balance for the billing period. February 1 Charge b) Find the finance charge to be paid on February 12. Assume an interest rate of Lawn ornaments 1.2% per month. $107.98 February 11 Charge Find the balance due on February 12. c) Microwave oven My Que a) The average daily balance for the billing period was (Round to the nearest cent as needed.) Click to b) The finance charge to be paid on February 12 is (Round to the nearest cent as needed.) Click to c) The balance due on February 12 is (Round to the nearest cent as needed.) Click to Click to Enter your answer in each of the answer boxes. Math 121 Syllabus S....doc mymathlabplushelp.htm Sh 11:31 PM 5/4/2016Explanation / Answer
Date $ Average Daliy Balance Balance as on January 12 264.97 Jan- 22 Restaurance Meal Charges 38.22 303.19 Jan- 29 Payment (130.00) 173.19 Feb- 1 lawn Ornament charges 47.69 220.88 Feb- 11 Microwave oven Charges 107.98 328.86 Feb- 12 Financing Charges 1.62 330.48 Feb- 12 Balance as on February 12 330.48 * Calculation of Finance Charges @ 1.2% per Month $ Balance Due of January 264.97 Payment made 130.00 Balance Amount due 134.97 Rate of Interest per Month 1.20% Amount of Interest 1.62
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