Solve the problem.On the December 8 billing date, Hakeem had a balance due of $640.34 on his credit card. The transactions during the following month were: The interest rate on the card is 1.4% per month. Using the average daily balance method, find the balance due on January 8 (December has 31 days).

A. $786.82
B. $650.59
C. $787.17
D. $786.66


Answer: C

Mathematics

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Mathematics