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read problem carefully find AVG DAILY BALANCE, balance at end of cycle, and finance charge round to 2 spots after decimal Find the average daily
read problem carefully
Find the average daily balance for the given credit-card account. Assume the billing date is the same day each month, and use the actual number of days in each month. Then find the finance charge if the previous balance was $714.58 and the interest is 1.7% per month on the average daily balance. Finally, find the balance at the end of the billing cycle. Jan.15Jan.20Jan.23Jan.30Feb.5Feb8Feb10Feb12BillingDateMailOrderReturnsWinePaymentReturnsBirthdayGiftCashAdvance$21.91$19.45$31.88$124$71.15$120$150 find AVG DAILY BALANCE, balance at end of cycle, and finance charge
round to 2 spots after decimal
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