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Cody Linds most recent credit card statement follows. His finance charge is 15% APR. Calculate Codys average daily balance, finance charge and new balance. (Round
Cody Linds most recent credit card statement follows. His finance charge is 15% APR. Calculate Codys average daily balance, finance charge and new balance. (Round your final answers to the nearest cent.)
30-day billing cycle | |||||||
9/2 | Billing date | $1,060 | previous balance | ||||
9/7 | Payment | $240 | cr. | ||||
9/13 | Charge: Kohls | $420 | |||||
9/17 | Payment | $270 | cr. | ||||
9/28 | Charge: WalMart | 90 | |||||
Average daily balance | $ |
Finance charge | $ |
New balance | $ |
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