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When a company accepts credit cards for purchases, what is the sum of all the balances of each day during a month divided by the days in the month called? A. The average daily balance B. The balance owed C. The daily balance D. The daily fudge-factor
When a company accepts credit cards for purchases, what is the sum of all the balances of each day during a month divided by the days in the month called: The average daily balance.
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Asked 10/2/2013 9:22:05 PM
Updated 12/22/2014 12:20:51 PM
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When a company accepts credit cards for purchases, what is the sum of all the balances of each day during a month divided by the days in the month called: The average daily balance.

Added 12/22/2014 12:20:51 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [12/22/2014 12:34:51 PM]
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