{"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":"2019-10-03T21:03:34","modified_gmt":"2019-10-03T21:03:34","slug":"assignment-average-daily-balance","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/wmopen-mathforliberalarts\/chapter\/assignment-average-daily-balance\/","title":{"raw":"Assignment: Average Daily Balance","rendered":"Assignment: Average Daily Balance"},"content":{"raw":"Click a\u00a0the 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\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.\r\n<p class=\"p1\">Download the assignment from one of the links below (.docx or .rtf):<\/p>\r\n<p class=\"p2\"><a href=\"https:\/\/s3-us-west-2.amazonaws.com\/oerfiles\/WM+Math+For+Liberal+Arts\/Average+Daily+Balance+Assignment.docx\">Average Daily Balance: Word Document<\/a><\/p>\r\n<p class=\"p2\"><a href=\"https:\/\/s3-us-west-2.amazonaws.com\/oerfiles\/WM+Math+For+Liberal+Arts\/Average+Daily+Balance+Assignment.rtf\">Average Daily Balance: Rich Text Format<\/a><\/p>","rendered":"<p>Click a\u00a0the 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<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<p class=\"p1\">Download the assignment from one of the links below (.docx or .rtf):<\/p>\n<p class=\"p2\"><a href=\"https:\/\/s3-us-west-2.amazonaws.com\/oerfiles\/WM+Math+For+Liberal+Arts\/Average+Daily+Balance+Assignment.docx\">Average Daily Balance: Word Document<\/a><\/p>\n<p class=\"p2\"><a href=\"https:\/\/s3-us-west-2.amazonaws.com\/oerfiles\/WM+Math+For+Liberal+Arts\/Average+Daily+Balance+Assignment.rtf\">Average Daily Balance: Rich Text Format<\/a><\/p>\n","protected":false},"author":17533,"menu_order":8,"template":"","meta":{"_candela_citation":"[]","CANDELA_OUTCOMES_GUID":"","pb_show_title":"on","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\/wmopen-mathforliberalarts\/wp-json\/pressbooks\/v2\/chapters\/2660","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/courses.lumenlearning.com\/wmopen-mathforliberalarts\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/courses.lumenlearning.com\/wmopen-mathforliberalarts\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wmopen-mathforliberalarts\/wp-json\/wp\/v2\/users\/17533"}],"version-history":[{"count":4,"href":"https:\/\/courses.lumenlearning.com\/wmopen-mathforliberalarts\/wp-json\/pressbooks\/v2\/chapters\/2660\/revisions"}],"predecessor-version":[{"id":2805,"href":"https:\/\/courses.lumenlearning.com\/wmopen-mathforliberalarts\/wp-json\/pressbooks\/v2\/chapters\/2660\/revisions\/2805"}],"part":[{"href":"https:\/\/courses.lumenlearning.com\/wmopen-mathforliberalarts\/wp-json\/pressbooks\/v2\/parts\/356"}],"metadata":[{"href":"https:\/\/courses.lumenlearning.com\/wmopen-mathforliberalarts\/wp-json\/pressbooks\/v2\/chapters\/2660\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/courses.lumenlearning.com\/wmopen-mathforliberalarts\/wp-json\/wp\/v2\/media?parent=2660"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wmopen-mathforliberalarts\/wp-json\/pressbooks\/v2\/chapter-type?post=2660"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wmopen-mathforliberalarts\/wp-json\/wp\/v2\/contributor?post=2660"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wmopen-mathforliberalarts\/wp-json\/wp\/v2\/license?post=2660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}