A credit card account had a $245 balance on March 5. A purchase of $118 was made on March 12, and a payment of $150 was made on March 28. Find the average daily balance if the billing date is April 5.

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Chapter2: Solving Linear Equations
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Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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A credit card account had a $245 balance on March 5. A purchase of $118 was made on March 12, and a payment of $150 was made on March 28. Find the average daily balance if the billing date is April 5. (Round your answer to the nearest cent.)

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