Question #84a2e

1 Answer

Dec 23, 2017

#$10.03#

Explanation:

This might more appropriately be posted in Algebra.
Using the average daily balance as the monthly interest basis, the monthly interest is just the annual interest rate divided by 12.

Monthly interest = #0.19/12 xx 633.28 = $10.03#

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Question #84a2e

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