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You have a credit card that charges an interest rate of 19.25% compounded monthly. The table below shows your activity for the month of April.

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You have a credit card that charges an interest rate of 19.25% compounded monthly. The table below shows your activity for the month of April. Date Activity April 1 Beginning Balance April 7 Purchase April 9 Payment April 12 Purchase April 22 Purchase April 24 Purchase April 30 Ending Balance Amount Balance 775.00 47.10 822.10 -300.00 522.10 90.75 612.85 16.00 628.85 36.50 665.35 665.35 What is the average daily balance for this account? $ What is the finance charge for the month of April

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