Maths people, please correcte me :/
A credit card account has $1250 on 6/1 . A purchase of $250 was made on 6/9 and apayment of $700 was made on 6/20. The billind date is 7/1
1. Find the Average daily balance
found : $1176.666667
2. If the finance rate is 1.8% per month, what is the finance charge ?
I found : 21.18000001.
Since : I = P.R.T
Correct me please, tell me if i did any mistakes, I am terrible in maths :(
