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Suppose the charge account of Black's Mailing Service at the local supply store had a 1 . 6 % interest rate per month on the

Suppose the charge account of Black's Mailing Service at the local supply store had a 1.6% interest rate per month on the average daily balance. Find the Black's finance charge on April 1 if Black's had an unpaid balance on March 1 of $111.28, a payment of $20.00 posted on March 6, and a purchase of $29.69 posted on March 18. The billing cycle ends March 31.
The Black's finance charge is $ (Round to the nearest cent as needed.)
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