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Please fill in the blanks 6. Joe Suskind's previous month's balance on his revolving credit account was $1216.88. The ma account had the following activity

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6. Joe Suskind's previous month's balance on his revolving credit account was $1216.88. The ma account had the following activity for May: May 10, purchases, $270; May 15, a credit of $86.50; May 19, payment of $300; and May 25, purchases $122.25. The finance charge is calculated on the average daily balance at a 15% annual percentage rate. (a) How much is the finance charge for May? Answer: (b) What is Joe's new balance

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