Will started his June 1, 30-day credit card billing period with
a balance of $2,000. He used his credit card to purchase
medication costing $75 on June 10th, paid for car repairs of $800
on June 15th, and made a small payment of $500 on June
20th. The annual credit card interest rate is 18%,
compounded daily. How much interest will he be charged in the
month of July assuming the average daily balance method is
used?
Will started his June 1, 30-day credit card billing period with a balance of $2,000. He used his credit card to purchas
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answerhappygod
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Will started his June 1, 30-day credit card billing period with a balance of $2,000. He used his credit card to purchas
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