Answer the following. 1. A bill for P1024 was due on July 1. Purchases of P315 were made on July 7, and P410 was charged on July 22. A payment of P400 was made on July 15. The interest on the average...

Answer the following.<br>1. A bill for P1024 was due on July 1. Purchases of P315 were made on July 7, and P410<br>was charged on July 22. A payment of P400 was made on July 15. The interest on the<br>average daily balance is 1.2% per month. Find the finance charge on the August 1 bill.<br>

Extracted text: Answer the following. 1. A bill for P1024 was due on July 1. Purchases of P315 were made on July 7, and P410 was charged on July 22. A payment of P400 was made on July 15. The interest on the average daily balance is 1.2% per month. Find the finance charge on the August 1 bill.

Jun 11, 2022

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Answer the following. 1. A bill for P1024 was due on July 1. Purchases of P315 were made on July 7, and P410 was charged on July 22. A payment of P400 was made on July 15. The interest on the average...

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