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Q: Suppose the charge account of Strong's Mailing Service at the local supply store had a 1.8% interest…
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Suppose the charge account of Black's Mailing Service at the local supply store had a
interest rate per month on the average daily balance. Find the Black's finance charge on April 1 if Black's had an unpaid balance on March 1 of
a payment of
posted on March
and a purchase of
posted on March
The billing cycle ends March 31.
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