Question
You owe $302.87 on your credit card. Your average daily balance is $112.98, the billing cycle is 35 days, and the interest rate on the credit card is 16%. How much do you owe?
A- $304.60
B- $306.40
C- $303.66
D- $316.44
A- $304.60
B- $306.40
C- $303.66
D- $316.44
Answers
C- $303.66
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