Author Question: Natalie has an account where the finance charge of is based on the average daily balance. The ... (Read 54 times)

corkyiscool3328 · **on:** Jun 24, 2018

Natalie has an account where the finance charge of is based on the average daily balance. The previous balance on January 1 was 389.95 . On January 10 there was a payment of 80, and on January 15 there was a purchase of 59.24 . There is one month between billing dates using the number of days in the month. What is the balance on February 1?
a. 402.13

b. 375.59

c. 367.24

d. 411.28

Question 2

In network models of transportation problems, arcs represent the routes for getting a product from one node to another.
a. True
b. False
Indicate whether the statement is true or false