American National Curriculum

High School

Algebra 1

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Question 1 of 10 Walter has a credit card that uses the averag

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Question 1 of 10 Walter has a credit card that uses the average daily balance method. For the first 15 days of a 31-day billing cycle, his balance was \ 1440 $, b u tt h e nh e p ai d o ff hi se n t i re ba l an ce an dd i d n^{'} t mak e an y n e wp u rc ha ses . I f hi scre d i t c a r d^{'} s A PR i s$ 22 \%$, how much was Walter charged in interest for the billing cycle?

Name: Video answer for Question 1 of 10 Walter has a credit card that uses the average daily balance method. For the first 15 days of a 31-day billing cycle, his balance was \ 1440,butthenhepaidoffhisentirebalanceanddidn′tmakeanynewpurchases.Ifhiscreditcard′sAPRis22 \%$, how much was Walter charged in interest for the billing cycle?
Uploaded: 2024-04-24T22:36:36.000Z
Duration: 8 min
Description: Question 1 of 10 Walter has a credit card that uses the average daily balance method. For the first 15 days of a 31-day billing cycle, his balance was \ 1440,butthenhepaidoffhisentirebalanceanddidn′tmakeanynewpurchases.Ifhiscreditcard′sAPRis22 \%$, how much was Walter charged in interest for the billing cycle?

\ 0$
\ 13.89$
\ 13.02$
\ 26.91$

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Updated on: Apr 24, 2024

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Question 1 of 10 Walter has a credit card that uses the average daily balance method. For the first 15 days of a 31-day billing cycle, his balance was \ 1440

, b u tt h e nh e p ai d o ff hi se n t i re ba l an ce an dd i d n^{'} t mak e an y n e wp u rc ha ses . I f hi scre d i t c a r d^{'} s A PR i s

22 \%$, how much was Walter charged in interest for the billing cycle?

5 mins ago

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Question Text	Question 1 of 10 Walter has a credit card that uses the average daily balance method. For the first 15 days of a 31-day billing cycle, his balance was \ 1440 $, b u tt h e nh e p ai d o ff hi se n t i re ba l an ce an dd i d n^{'} t mak e an y n e wp u rc ha ses . I f hi scre d i t c a r d^{'} s A PR i s$ 22 \%$, how much was Walter charged in interest for the billing cycle?
Updated On	Apr 24, 2024
Topic	All Topics
Subject	Algebra 1
Class	High School
Answer Type	Video solution: 1
Upvotes	64
Avg. Video Duration	8 min

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