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finance question show the steps to get the answer
  • From Business, General Business
  • Due on 06 Oct, 2019 11:12:00
  • Asked On 05 Oct, 2019 03:13:16
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On October 1st Joe charged​ $900 to his credit​ card, on October 10th he charged another​ $1,300 to his credit​ card, and on October 15th he charged an additional​ $100. His credit card charges him an Annual Percentage Rate​ (APR) of​ 18% compounded monthly. Using the Average Daily Balance Method calculate​ Joe's finance charge for the month of October.

Answer  $28.16

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finance question show the steps to get the answer
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  • Submitted On 05 Oct, 2019 03:57:12
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On October 1st Joe charged​ $900 to his credit​ card, on October 10th he charged another​ $1,300 to...
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