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QUESTION

The opening balance of the May billing cycle for Marco's credit card was $3659. If he makes a new purchase of $100 on the 20th of May and doesn't make any payments, what is his average daily balance?

The opening balance of the May billing cycle for Marco's credit card was $3659. If he makes a new purchase of $100 on the 20th of May and doesn't make any payments, what is his average daily balance?

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