4. Calculate the average daily balance and finance charge for a 30-day billing cycle on a current balance of $2,000 (and the finance charge is 1.5% on average daily balance): Date Activity Amount #Days of Current Extension Average Finance current Balance Daily Charge balance Balance a. 9/16 Billing Date b. 9/19 Payment $60 cr c. 9/30 Charge: Home $1,500 Depot d. 10/3 Payment $60 cr e. 10/7 Cash Advance $70