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3. Niles Hunt received this information on the statenent from his bank. Find the a) average daily balance-new purchases included, b) finance charge, and c)

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3. Niles Hunt received this information on the statenent from his bank. Find the a) average daily balance-new purchases included, b) finance charge, and c) new balance. (5 points) Reference Posting Transaction Purchases Payments Date Date Description & Advances & Credits 1238090 2/5 2/3 Home repairs $ 75.66 2789433 2/10 2/8 PAYMENT $100.00 3459811 2/17 2/15 Discount store 198.33 4334681 2/27 2/24 PAYMENT 50.00 Billing Previous Periodic Average Finance Period Balance Rate Daily Balance Charge 2/01-2/28 $36.54 1 2.1% b. Payments Purchases New Minimum Payment & Credits & Advances Balance Payment Due 5150.00 $273.99 c $10.00 3/15 a

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