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Date: 11/1 11/10 11/15 11/30 Transaction Amount Purchase $ 140 Payment 700 Purchase 140 Purchase 440 Your credit card statement for the month of November

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Date: 11/1 11/10 11/15 11/30 Transaction Amount Purchase $ 140 Payment 700 Purchase 140 Purchase 440 Your credit card statement for the month of November (30-day month) is to the left. Previous balance (October 31): $1,200. APR = 19.9%. Assume ADB including new purchases. Find: 1. average daily balance, 2. monthly interest charge, and 3. balance at beginning of December

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