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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 $ 2,500
| 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 | $ 2,500 | ||||
| 9/19 | Payment | $ | 65 cr. | ||||
| 9/30 | Charge: Home Depot | 1,750 | |||||
| 10/3 | Payment | 65 cr. | |||||
| 10/7 | Cash advance | 75 | |||||
| Finance charge is 1% on average daily balance. |
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