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The balance on Ramon Felipe's credit card on January 10, his billing date, was $224.14. For the period ending February 10, Ramon had the following

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The balance on Ramon Felipe's credit card on January 10, his billing date, was $224.14. For the period ending February 10, Ramon had the following transactions to the right. a) Find the average daily balance for the billing period. b) Find the finance charge to be paid on February 10. Assume an interest rate of 1.2% per month. c) Find the balance due on February 10. January 23 Charge: $39.96 Restaurant meal January 28 Payment $150.00 February 1 Charge: $23.57 Lawn ornaments February 6 Charge: $115.46 Microwave oven 1. a) The average daily balance for the billing period was $ (Round to the nearest cent as needed.) b) The finance charge to be paid on February 10 is $ (Round to the nearest cent as needed.) ). c) The balance due on February 10 is $ (Round to the nearest cent as needed.) The balance on Ramon Felipe's credit card on January 10, his billing date, was $224.14. For the period ending February 10, Ramon had the following transactions to the right. a) Find the average daily balance for the billing period. b) Find the finance charge to be paid on February 10. Assume an interest rate of 1.2% per month. c) Find the balance due on February 10. January 23 Charge: $39.96 Restaurant meal January 28 Payment $150.00 February 1 Charge: $23.57 Lawn ornaments February 6 Charge: $115.46 Microwave oven 1. a) The average daily balance for the billing period was $ (Round to the nearest cent as needed.) b) The finance charge to be paid on February 10 is $ (Round to the nearest cent as needed.) ). c) The balance due on February 10 is $ (Round to the nearest cent as needed.)

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