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Chapter 6 Financial Planning Exercise 11 Calculating credit card finance charge Blake Miller recently received his monthly MasterCard bill for the period June 1-30, 2021,

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Chapter 6 Financial Planning Exercise 11 Calculating credit card finance charge Blake Miller recently received his monthly MasterCard bill for the period June 1-30, 2021, and wants to verify the monthly finance charge calculation, which is assessed at a rate of 17 percent per year and based on ADBS, including new purchases. His outstanding balance, purchases, and payments are as follows Payments June 21 $20 Previous Balance: $239 Purchases: June 4 $209 June 12 99 June 20 123 June 26 62 What are his ADB and finance charges for the period? (Use a table like the one in Exhibit 6.7 for your calculations.) Round the answers to the nearest cent ADB: 5 Finance charges

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