Suppose the charge account of Black's Mailing Service at the local supply store had a 1.1% 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 $108.46, a payment of $15.00 posted on March 11, and a purchase of $27.67 posted on March 22. The billing cycle ends March 31.

The Black's finance charge is

* 61.46 is incorrect

had an unpaid balence on March 1 of $108.46, a payment of $15.00 posted on March 11, and a purchase of \$27.67 posted on March 22 . The biling cycle ends March 31 The Black's finance charge is s (Round to the naarest cont as needed.)