Would anyone want to tackle a billing cycle problem from my Business Math class? I did a search and didn't see any threads regarding my topic.
Let me know and if so, I'll send the problem.
From the following facts, Molly Roe has requested you to calculate the average daily balance. The customer believes the average daily balance should be $877.67. Respond to the customer's concern. What is the average daily balance if different?
28 day billing Cycle
3/18 Billing Date Previous balance $800
3/24 Payment $60
3/29 Charge : Sears $250
4/5 Payment $20
4/9 Charge: Macy's $200