It is calculated by averaging the balance after each day. This is then averaged with the closing balance after each month.
Calculate the average balance and finance charge
Monthly average balance is the sum of daily balances in a month divided by the number of days in that month.
some place a fee on the average yearly balance
some place a fee on the average yearly balance . ( A+ )
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what is the yearly average rainfall of spain?
It is similar to the average yearly precipitation in the USA.
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