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What Calculate the monthly finance charge if the average daily balance is 20 the daily periodic rate is 0.05 and the number of days in the cycle is 30.?
To calculate the monthly finance charge, use the formula: Finance Charge = Average Daily Balance × Daily Periodic Rate × Number of Days in the Cycle. Plugging in the values, we get: Finance Charge = 20 × 0.0005 × 30 = 0.30. Therefore, the monthly finance charge is $0.30.
On happy days who saved Fonzie's life when the garage burned down?
Potsie
How old was the Super Villain Megamind when his parents saved him from their world's destruction?
8 days old.
How many days from new to a full moon?
14.77 days on the average
How many days are sunny in Arizona?
According to www.worldfactsandfigures.com....193/year
In 20 days a boy saved one dollar what was his average savings?
To find the average savings per day, divide the total amount saved by the number of days. In this case, the boy saved one dollar over 20 days. Therefore, his average savings is ( \frac{1 \text{ dollar}}{20 \text{ days}} = 0.05 ) dollars per day, or 5 cents.
How much does a person save?
Answer Excess money or things could be saved or preserved. Now a days savings is not easy.
You opened a savings account with the deposited 5000 in a six percent interest rate compounded daily what is the amount in the account after 180 days?
If you opened a savings account and deposited 5000 in a six percent interest rate compounded daily, then the amount in the account after 180 days will be 5148.
In 10 days Juana saved 27.50. One average how much did she save per day?
To find out how much Juana saved per day, divide the total amount saved by the number of days. So, (27.50 \div 10 = 2.75). On average, Juana saved $2.75 per day.
In a typical month a corporation receives 90 checks totaling 135000 these are delayed five days on average what is the average daily float?
The average daily float can be calculated by dividing the total float by the number of days delayed. In this case, the total float is $135,000 and the delay is 5 days, so the average daily float would be $27,000 ($135,000 / 5).
How is average daily balance calculated?
it is the sum of the daily balance divided by the number of days in the billing cycle
How is the average daily balance calculated?
it is the sum of the daily balance divided by the number of days in the billing cycle
How the interest on savings account is calculated?
The interest on a business savings account is compounded daily using a 365-day year (366 days each leap year) and calculated on the collected balance.
How is the interest calculated on business savings accounts?
The interest on a business savings account is compounded daily using a 365-day year (366 days each leap year) and calculated on the collected balance.
How calculate stock average daily volume?
A stock's average daily volume is calculated by adding the number of shares traded each day over a given period of time and divided by the number of days. For example, if the total volume over 30 days is 300, the average daily volume would be 10.
Which state capital city receives the greatest average daily sunshine?
Phoenix Arizona average of 296 days a year
What is the monthly finance charge if the average daily balance is 15 the daily periodic rate is 0.06 and the number of days in the cycle is 30?
To calculate the monthly finance charge, you can use the formula: Finance Charge = Average Daily Balance × Daily Periodic Rate × Number of Days in Cycle. Here, the average daily balance is $15, the daily periodic rate is 0.06 (which is 0.0006 when expressed as a decimal), and the number of days is 30. So, the finance charge would be: Finance Charge = $15 × 0.0006 × 30 = $0.27. Thus, the monthly finance charge is $0.27.
