Solve the problem.On the April 25 billing date, Malcolm had a balance due of $1507.63 on his credit card. The transactions during the following month were: The interest rate on the card is 1.7% per month. Using the average daily balance method, find the balance due on May 25 (April has 30 days).

A. $1540.97
B. $2283.08
C. $2291.64
D. $2290.79


Answer: D

Mathematics

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