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Calculate the average daily balance and finance charge. (Round your answers to the nearest cent.) 30-day billing cycle 9/16 Billing date Previous balance $ 3,200
Calculate the average daily balance and finance charge. (Round your answers to the nearest cent.) |
30-day billing cycle | |||||||
9/16 | Billing date | Previous balance | $ 3,200 | ||||
9/19 | Payment | $ | 72 cr. | ||||
9/30 | Charge: Home Depot | 2,100 | |||||
10/3 | Payment | 72 cr. | |||||
10/7 | Cash advance | 82 | |||||
Finance charge is 1.5% on average daily balance. |
Average daily balance | $ |
Finance charge | $ |
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