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(Solved): The average daily balance of a credit card for the month of February was $1400 and the unpaid balanc ...



The average daily balance of a credit card for the month of February was $1400 and the unpaid balance at the end of the month was $1100. If the annual percentage rate is 21.6% of the average daily balance, what is the total balance on the next billing date, March 1? Round your answer to the nearest cent.



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