{"id":2660,"date":"2017-04-14T17:37:19","date_gmt":"2017-04-14T17:37:19","guid":{"rendered":"https:\/\/courses.lumenlearning.com\/waymakermath4libarts\/?post_type=chapter&#038;p=2660"},"modified":"2020-01-22T19:19:03","modified_gmt":"2020-01-22T19:19:03","slug":"assignment-average-daily-balance","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/waymakermath4libarts\/chapter\/assignment-average-daily-balance\/","title":{"raw":"Assignment: Average Daily Balance","rendered":"Assignment: Average Daily Balance"},"content":{"raw":"Click on the link below to download the assignment: \u201cCredit Cards and Installment Buying\u201d from Erie Community College. This assignment\u00a0shows an example of\u00a0an\u00a0Average Daily Balance Method of Determining Interest Rate using credit cards and installment buying to illustrate its points.\r\n<ul>\r\n \t<li><a href=\"https:\/\/s3-us-west-2.amazonaws.com\/oerfiles\/WM+Math+For+Liberal+Arts\/Average+Daily+Balance+Student+Version.doc\" target=\"_blank\">Credit Cards and Installment Buying<\/a><\/li>\r\n<\/ul>\r\n&nbsp;\r\n\r\nYou will be asked to read a short passage describing how credit card interest is calculated that includes an example. \u00a0Please complete the two practice problems provided.","rendered":"<p>Click on the link below to download the assignment: \u201cCredit Cards and Installment Buying\u201d from Erie Community College. This assignment\u00a0shows an example of\u00a0an\u00a0Average Daily Balance Method of Determining Interest Rate using credit cards and installment buying to illustrate its points.<\/p>\n<ul>\n<li><a href=\"https:\/\/s3-us-west-2.amazonaws.com\/oerfiles\/WM+Math+For+Liberal+Arts\/Average+Daily+Balance+Student+Version.doc\" target=\"_blank\">Credit Cards and Installment Buying<\/a><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>You will be asked to read a short passage describing how credit card interest is calculated that includes an example. \u00a0Please complete the two practice problems provided.<\/p>\n\n\t\t\t <section class=\"citations-section\" role=\"contentinfo\">\n\t\t\t <h3>Candela Citations<\/h3>\n\t\t\t\t\t <div>\n\t\t\t\t\t\t <div id=\"citation-list-2660\">\n\t\t\t\t\t\t\t <div class=\"licensing\"><div class=\"license-attribution-dropdown-subheading\">CC licensed content, Shared previously<\/div><ul class=\"citation-list\"><li>Average Daily Balance. <strong>Authored by<\/strong>: Lippman, David. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\">CC BY: Attribution<\/a><\/em><\/li><\/ul><\/div>\n\t\t\t\t\t\t <\/div>\n\t\t\t\t\t <\/div>\n\t\t\t <\/section>","protected":false},"author":17533,"menu_order":15,"template":"","meta":{"_candela_citation":"[{\"type\":\"cc\",\"description\":\"Average Daily Balance\",\"author\":\"Lippman, David\",\"organization\":\"\",\"url\":\"\",\"project\":\"\",\"license\":\"cc-by\",\"license_terms\":\"\"}]","CANDELA_OUTCOMES_GUID":"","pb_show_title":"","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[],"contributor":[],"license":[],"class_list":["post-2660","chapter","type-chapter","status-publish","hentry"],"part":356,"_links":{"self":[{"href":"https:\/\/courses.lumenlearning.com\/waymakermath4libarts\/wp-json\/pressbooks\/v2\/chapters\/2660","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/courses.lumenlearning.com\/waymakermath4libarts\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/courses.lumenlearning.com\/waymakermath4libarts\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/waymakermath4libarts\/wp-json\/wp\/v2\/users\/17533"}],"version-history":[{"count":2,"href":"https:\/\/courses.lumenlearning.com\/waymakermath4libarts\/wp-json\/pressbooks\/v2\/chapters\/2660\/revisions"}],"predecessor-version":[{"id":2689,"href":"https:\/\/courses.lumenlearning.com\/waymakermath4libarts\/wp-json\/pressbooks\/v2\/chapters\/2660\/revisions\/2689"}],"part":[{"href":"https:\/\/courses.lumenlearning.com\/waymakermath4libarts\/wp-json\/pressbooks\/v2\/parts\/356"}],"metadata":[{"href":"https:\/\/courses.lumenlearning.com\/waymakermath4libarts\/wp-json\/pressbooks\/v2\/chapters\/2660\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/courses.lumenlearning.com\/waymakermath4libarts\/wp-json\/wp\/v2\/media?parent=2660"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/waymakermath4libarts\/wp-json\/pressbooks\/v2\/chapter-type?post=2660"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/waymakermath4libarts\/wp-json\/wp\/v2\/contributor?post=2660"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/waymakermath4libarts\/wp-json\/wp\/v2\/license?post=2660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}