1) Find the finance charge for the following revolving charge account.Assume that interest is calculated on the average daily balance of the account.

Average Daily Balance is $4568.25

Monthly Interest Rate is 1.4%

2) Given the following information about a credit card account, determine the average daily balance for the period, then determine the finance charge if the interest is 1.5% of the average daily balance, and then find the new balance at the end of the period.

Previous Balance - $228.95

January 27 - Billing Date

February 9 - Charge - $11.08

February 13 - Returns - $26.54

February 20 - Payment - $29

February 25 - Charge - $71.19

3) Find the annual percentage rate using the annual percentage rate table for the following.

Amount Financed: $4500

Finance Charge: $1220

No. of Monthly Payments: 48

4) James buys a used car costing $12,800 with a $500 down payment and loan payments of $399 a month for 36 months.Determine the amount financed, the total installment cost, the total interest paid, and the APR on the loan.