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Find the average daily balance including new purchases. (From Example 1) 1. Number of Sum of Dates Payment Purchases End-of-Day X Balance Days Balances 9/9-9/15 $500 X a 9/16 $100 $600 9/17-9/21 h. 9/22 $150 C. 9/23-10/8 X b. C. TOTAL a. b. Sum of Daily Balances Number of Days = Average Daily Balance a. + b. = C. Complete the problems by using the information in the table from Concept Check #1. Find the following if the finance charge is computed at 1.5% of the average daily balance. (From Example 2) 2. The finance charge 3. The unpaid balance The new balance