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Here is Kareem's credit card statement for the month of June. Date Transaction Transaction amount June 1 Beginning balance $1420.70 June 12 Purchase $400.50
Here is Kareem's credit card statement for the month of June. Date Transaction Transaction amount June 1 Beginning balance $1420.70 June 12 Purchase $400.50 June 15 Payment June 21 Purchase $563.00 $540.84 (a) Use the credit card statement to help fill in the table below. Note that there are 30 days in June. Also, a purchase increases the unpaid balance, and a payment decreases the unpaid balance. Date Transaction June 1 Beginning balance June 12 Purchase June 15 Payment June 21 Purchase Number of days at that balance Transaction Unpaid amount balance $1420.70 $1420.70 11 days (from June 1 through June 11) $400.50 $1821.20 days (from June 12 through June 14) $563.00 $6 days (from June 15 through June 20) $10 days (from June 21 through June 30) Total: 30 days $540.84 Unpaid balance X Number of days $15,627.70 $ $ Total: $ (b) Find the average daily balance. Write your answer to the nearest cent. X 5 ?
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