one particular month, a person has a balance of $$ 1,470 on their credit card for 12 days. They then make a purchase and carry a balance of $$ 2,820 for the next 11 days. Then this person makes a payment and carries a balance of $$ 2,700 for the remaining 8 days in the month. What is their average daily balance rounded to the nearest cen

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
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In one particular month, a person has a balance of $$ 1,470 on their credit card for 12 days. They then make a purchase and carry a balance of $$ 2,820 for the next 11 days. Then this person makes a payment and carries a balance of $$ 2,700 for the remaining 8 days in the month.

What is their average daily balance rounded to the nearest cent?

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