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Dallas Pierces most recent credit card statement follows. His finance charge is 18% APR. Calculate Dallass average daily balance, finance charge, and new balance. (Round
Dallas Pierces most recent credit card statement follows. His finance charge is 18% APR. Calculate Dallass average daily balance, finance charge, and new balance. (Round your final answers to the nearest cent.)
30-day billing cycle | ||||||||
9/2 | Billing date | $ | 1,050 | previous balance | ||||
9/7 | Payment | $ | 220 | cr. | ||||
9/13 | Charge: Kohls | $ | 390 | |||||
9/17 | Payment | $ | 260 | cr. | ||||
9/28 | Charge: WalMart | 85 | ||||||
Dallas Pierce's most recent credit card statement follows. His finance charge is 18% APR. Calculate Dallas's average daily balance, finance charge, and new balance. (Round your final answers to the nearest cent.) 9/2 9/7 9/13 9/17 9/28 30-day billing cycle Billing date $1,050 previous balance Payment $ 220 cr. Charge: Kohl's $ 390 Payment $ 260 r. Charge: Walmart 85 Answer is complete but not entirely correct. $ Average daily balance Finance charge New balance 995.00 14.72 X $ $ 1.045.00 X
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