Mathematics, 11.12.2020 04:40 Kekkdkskdkdk

11. Ron did not pay his credit card bill in full last month. He wants to pay it in full this month. On this month's bill, there is a mistake in
the average daily balance. The credit card company lists the average
daily balance on his bill as $510.50. Ron computed it himself and
found that it is $410.50.
a. The APR is 18%. What finance charge did the credit card com-
pany compute on Ron's bill?
b. If Ron's average daily balance is correct, what should the finance
charge be?

Answers: 2

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11. Ron did not pay his credit card bill in full last month. He wants to pay it in full this month....