Solve the problem.On the November 6 billing date, Terry had a balance due of $455.76 on his credit card. The transactions during the following month were:
The interest rate on the card is 1.6% per month. Using the average daily balance method, find the balance due on December 6 (November has 30 days).
A. $465.73
B. $396.90
C. $711.51
D. $711.47
Answer: D
Mathematics
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