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The following is Justins credit card statement for November. Fill in the balance column and...

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Question

Finance

The following is Justins credit card statement for November. Fill in the balance column and calculate the finance charge, using the Average Daily Balance method, given a billing cycle of 30 days, and an APR of 21%.

date

Purchase

Payment

Balance

11/1

420.00

11/8

75.50

11/13

90.00

11/18

67.80

11/22

120.55

11/30

(F.Charge)

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