At the beginning of a 31-day billing period,
Question
At the beginning of a 31-day billing period, Sandra Lazzaro has an unpaid balance of $780 on her credit card.
Three days before the end of the billing period, she pays $300. Find her finance charge at 1.2% per month using the average daily balance method.
I don’t know the equation to solve this.
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"
