Drill Problem 10-9 [LU 10-2 (1)] Calculate the average daily balance and finance charge. (Round your answers to the nearest cent.) 9/16 Billing date. 9/19 Payment 9/30 Charge: Home Depot 10/3 Payment 10/7 Cash advance 30-day billing cycle Average daily balance Finance charge Previous balance Finance charge is 1.25% on average daily balance. $ 67 cr. 1,850 67 cr. 77 $2,700

Calculate the average daily balance and finance charge. (Round your answers to the nearest cent.) Finance charge is 1.25% on average daily balance