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Calculate the average daily balance and finance charge on the statement below. Assume 2% finance charge on average daily balance. (Round your Finance charge to

Calculate the average daily balance and finance charge on the statement below. Assume 2% finance charge on average daily balance. (Round your "Finance charge" to the nearest cent.)

30-day billing cycle
7/3	Balance	$	400
7/18	Payment		100	cr.
7/27	Charge Walmart		250

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