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Calculate the average daily balance and finance charge on the statement below. Note: Round your answers to the nearest cent. 30-day billing cycle 9/16

Calculate the average daily balance and finance charge on the statement below. Note: Round your answers to the nearest cent. 30-day billing cycle 9/16 Billing date Previous balance 9/19 Payment 9/30 10/3 Charge: Home Depot Payment 10/7 Cash advance Finance charge is 1.25% on average daily balance. Average daily balance i Finance charge $ 54 Credit 1,200 54 Credit 64 $ 1,400

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