step 1

A credit card account had a balance of$983on May 5. A purchase of$201was made on May 17, and a payment of$100was made on May 20. The interest on the average daily balance is1.4%per month. Find the average daily balance on the June 5 bill. (Round your answer to the nearest cent.) $1054.58

Step 2

The average daily balance on the June 5 bill was $1054.58. Find the finance charge on the June 5 bill. (Round your answer to the nearest cent.)