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Mike's credit card statement showed these transactions during the month of June: June 1 Previous Balance $271.03 June 9 Purchase $258.00 June 15 Payment $200.00

Mike's credit card statement showed these transactions during the month of June:

June 1 Previous Balance $271.03

June 9 Purchase $258.00

June 15 Payment $200.00

a- Find the average daily balance round to the nearest cent

b- Find the finance charge for the month. The interest rate is 1.7% per month on the average daily balance Round to the nearest cent

c- Find the new balance on July 1

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