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1-Jenna has a credit card whose biling period begins on the 12th day of each month. On April 12th her balance was $7,850.28. She made
1-Jenna has a credit card whose biling period begins on the 12th day of each month. On April 12th her balance was $7,850.28. She made a $500 payment on April 27th. She also made new charges of $127.45 on April 20th, $116.89 on May 1st, and $365.56 on May 9th.Construct a chart similar to the one from Example 1 in the Section 11.1 PowerPoint slides, and find her average daily balance. 2-Suppose that Jenna's credit card carries an interest rate of 16.47%. How much interest would she owe for the billing month described in Problem #12
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