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Financial Math: Average Daily Balance Method for charging interest on open end credit (credit cards) - YouTube
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Analyzing Credit. Objective: You will use the Daily average method to determine the balance of a credit card, and will calculate the Effective Annual. - ppt download
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SOLUTION: You want to purchase a new car. You are offered a loan for $16000 with an annual interest rate of 6% and a 36 month repayment period. Estimate how much your