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How much is the adjusted daily balance amount

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Reference no: EM132940619

Problem 1: If your financial institution charges you on the adjusted daily balance method how much is the adjusted daily balance amount if you start out with a balance of $500.00, on day 10 you pay $200.00 towards the principal amount owed, on day 14 you purchase $65.00 of items and your card has an APR of 24%?

Reference no: EM132940619

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