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Calculate the average daily balance and finance charge. (Round your answers to the nearest cent). 9/16 billing date Previous balance $2,200 9/19 payment $62 cr.
Calculate the average daily balance and finance charge. (Round your answers to the nearest cent).
9/16 billing date Previous balance $2,200
9/19 payment $62 cr.
9/30 charge: -Home Depot 1,600
10/3 Payment 62 cr.
The finance charge is 1% on the average daily balance.
Advance daily balance: Answer
Finance Charge: Answer
10/7 Cash advance 72
10/7 Cash advance
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