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5. Calculate (A) the averag transactions: e daily balance and (B) the finance charge for the following credit card Finance charge is 2% of average

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5. Calculate (A) the averag transactions: e daily balance and (B) the finance charge for the following credit card Finance charge is 2% of average daily balance. (16 pts.) $1,000 $200 $150 $250 $400 Nov. 20 Billing date previous balance 27 Payment 30 Charge Dec. 9 Payment 14 Cash advance 30-day billing cycle Finance charge is 2% of average daily balance Extension Date Amount Balance Days Balance Transaction A) Avg. daily balance B) Finance charge

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