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Question: on the april 25 billing date malcolm had a balance...

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On the April 25 billing date, Malcolm had a balance due of $1597.67 on his credit card The transactions during the following month were: $175.91 April 26 Payment April 30 Charge: lawnmower $322.27 May3 Charge: gift May7 Charge: furniture $487 41 $82.93 The interest rate on the card is 1.2% per month. Using the average daily balance method, find the balance due on May 25 (April has 30 days).
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