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Mathematics LibreTexts

15.4: Average Daily Balance

  • Page ID
    51668
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    information iconClick on the link below to download a document: “Credit Cards and Installment Buying” by Erie Community College. This reading shows an example of an Average Daily Balance Method of Determining Interest Rate using credit cards and installment buying to illustrate its points.

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    15.4: Average Daily Balance is shared under a not declared license and was authored, remixed, and/or curated by LibreTexts.

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