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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 $3,200 9/19

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



$3,200

9/19

Payment


$

72 cr.


9/30

Charge: Home Depot



2,100


10/3

Payment



72 cr.


10/7

Cash advance



82



Finance charge is 1.5% on average daily balance.

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