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1. Calculate the average daily balance and finance charge. (Round your answers to the nearest cent.) 30-day billing cycle 9/16 Billing date Previous balance $ 900 9/19 Payment $ 49 cr. 9/30 Charge: Home Depot 950 10/3 Payment 49 cr. 10/7 Cash advance 59 Finance charge is 1.5% on average daily balance. Average daily balance $ Finance charge $.

2. Jim needs to have atleast $45,000 save for a down payment on a new home. If he saves $9,000 each year at an interest rate of 8%. How much will he have at the end of 5 years?

3. The number of companies acquired only two or three years from startup has increased dramatically in the last few years. What are the root causes of these early exits?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92721102

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