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24 October, 04:51

The average daily balance is equal to the sum of daily balances

A. divided by number of days in billing cycle.

B. minus number of days in billing cycle.

C. multiplied by number of days in billing cycle.

D. plus number of days in billing cycle.

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Answers (1)
  1. 24 October, 05:12
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    A. divided by the number of days in the billing cycle.
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