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please help me Use the credit card statement to answer the following questions. If the average daily balance is $1,717.43, find the daily periodic rate
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Use the credit card statement to answer the following questions. If the average daily balance is $1,717.43, find the daily periodic rate (DPR%), as a percent rounded to 5 decimal places, finance charge (FC), and new balance (NB) Georgia Credit Opening/Closing Date: Payment Due Date: Minimum Payment Due: 3/23/13-4/22/13 5/18/13 ???? Card Summary Previous Balance $1,567.23 Total Credit Line $5,000 Payment, Credits -$150.00 Available Credit ??? Purchases, Cash, Debits $284.57 Cash Access Line $1,000 227 Available for Cash $1,000 Finance Charges New Balance 222 Transactions Date Credit 3/24 3/30 4/5 Description Gas Groceries Shoe Store Payment-Thank You Restaurant Debit $48.67 $89.45 $120.67 $150.00 4/15 4/20 $25.78 Finance Charges Daily Periodic Rate Type 31 Days in Cycle Purchases ??? Cash Finance Charge Due to Periodic Rate APR 28.99% 28.99% Average Daily Balance ??? $0 22? ??? $0 DPR% (no units, rounded to 5 decimal places) Your answer FC (no units) Your answer NB (no uni If the minimum payment is 4.8% of the new balance, what is the minimum payment? (no units) Your Step by Step Solution
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