A credit card shows a balance of $0 for the first 5 days, a balance of $200 from the 6th to the 20th day, and a balance of $400 from the 21st to the 30th day of the billing cycle. What is the average daily balance for this credit card?

Name: Revolt
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Question

Revolt · Accepted Answer

$233.33

Practice Test

A credit card shows a balance of $0 for the first 5 days, a balance of $200 from the 6th to the 20th day, and a balance of $400 from the 21st to the 30th day of the billing cycle. What is the average daily balance for this credit card?

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