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Cody Lind's most recent credit card statement follows. His finance charge is 18% APR. 30-day billing cycle 9/2 Billing date 9/7 Payment 9/13 Charge:
Cody Lind's most recent credit card statement follows. His finance charge is 18% APR. 30-day billing cycle 9/2 Billing date 9/7 Payment 9/13 Charge: Kohl's 9/17 Payment 9/28 Charge: Walmart Required: $ 1,200 previous balance $ 100 credit 350 200 credit 50 a. Calculate Cody's average daily balance. Average daily balance b. Calculate Cody's finance charge. Note: Round final answer to the nearest cent. Finance charge c. Calculate Cody's new balance.
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