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  3. 3. assume a 1.2% monthly interest rate on the foll

3. Assume a 1.2% monthly interest rate on the following credit card account. Find (i)...

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Accounting

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3. Assume a 1.2% monthly interest rate on the following credit card account. Find (i) the average daily balance, (ii) the monthly finance charge, and (iii) the account balance for the next billing. Previous balance $514.79 Ave. Daily Balance: Finance Charge: New Account Balance

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