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(Chapters 14,15,16) Calculate the average daily balance (assume a 30-day billing cycle): Note: Round your answer to the nearest cent. 02:27:15 4/20 4/26 Billing

(Chapters 14,15,16) Calculate the average daily balance (assume a 30-day billing cycle): Note: Round your answer to the nearest cent. 02:27:15 4/20 4/26 Billing Date Previous Balance 4/30 Payment Charge 5/4 5/12 Payment Cash Advance Average daily balance $ 700 $ 200 $ 400 $ 150 $ 180

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