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From the following facts, Molly Roe has requested you to calculate the average daily balance. The customer believes the average daily balance should be $905.37.
From the following facts, Molly Roe has requested you to calculate the average daily balance. The customer believes the average daily balance should be $905.37. Respond to the customers concern. (Round your answer to 2 decimal places. Omit the "$" sign in your response.) 28-day billing cycle 3/15 Billing date Previous balance $ 835 3/22 Payment $ 74 3/29 Charge: Sears 320 4/3 Payment 55 4/7 Charge: Macys 270 No. of days of current balance Current balance Extension 7 $ $ 7 5 4 5 $ Average daily balance $
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