Suppose the charge account of Strong's Mailing Service at the local supply store had a 1.8% interest rate per month on the average daily balance. Find the average daily balance if Strong's had an unpaid balance on March 1 of $121.90 a payment of $20 posted on March 6 and a purchase of $21.10 posted on March 18. The billing cycle ends March 31.The average daily balance is $
(Type an integer or decimal rounded to the nearest hundredth as needed.)
Get Answers For Free
Most questions answered within 1 hours.