Question

Consider the following credit card activity for the month of September: Date Balance Number of Days...

Consider the following credit card activity for the month of September:

Date Balance Number of Days
September 1 $300 8
September 9 $391 3
September 12 $491 9
September 21 $576 5
September 26 $683 5

If this card's annual APR is 27.04% and the balance is not paid during the grace period, what is the total amount owed for September?

Round your answer to the nearest dollar.

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Answer #1

Answer * The total amount owned per september The average daily balance 300(3) + 391(3)+491(9)+5765)+683/5) 30 2400+1F3+ 4419

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