From the following facts, Molly Roe has requested you to calculate the average daily balance . The customer believes the average dally balance should be $ . Respond to the customers concern 28- day cycle 3/18 date $ 800 Previous balance 3/24 Payment $ 60 charge : Sears 4/5 Payment Charge : Macys 250 20 r. 200

From the following facts, Molly Roe has requested you to calculate the average daily balance. The customer believes the average daily balance should be $877.67. Respond to the customer's concern. 3/18 3/24 3/29 4/5 4/9 28-day billing cycle Billing date S BOO Previous balance Payment $ 60 er. Charger Sears 250 Payment 20 r. Charge: Macy's 200 Answer is complete but not entirely correct. Average daily balance $ 46.67