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1. Edie Bertelli received her statement from a department store. Find the a) average daily balance -new purchases included, b) finance charge, and c) new

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1. Edie Bertelli received her statement from a department store. Find the a) average daily balance -new purchases included, b) finance charge, and c) new balance. Transaction Reference Posting Date Description Purchases Payments Date & Advances & Credits 1027485 4/11 PAYMENT $40.00 4500298 4/15 4/01 Menswear $39.95 5473390 4/23 4/21 Housewares 15.99 1374655 4/25 PAYMENT 50.00 Billing Previous Periodic Average Finance Period Balance Rate Daily Balance Charge 4/1-4/30 $175.00 1.2% a. b. Payments Purchases New Minimum Payment & Credits & Advances Balance Payment Due $90.00 $55.94 C. $25.00 5/25

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