Yosef has a credit card with the following balances over a 30-day billing cycle: $100 for 10 days, then an increase to $300 for the next 10 days after a purchase, and a decrease to $200 for the last 10 days after a payment. What is Yosef's average daily balance for this billing cycle?

Question

Revolt · Accepted Answer

$200

Personal Savings and Consumer Credit: Part Three — Test

Yosef has a credit card with the following balances over a 30-day billing cycle: $100 for 10 days, then an increase to $300 for the next 10 days after a purchase, and a decrease to $200 for the last 10 days after a payment. What is Yosef's average daily balance for this billing cycle?

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