Word Problem 14-20 (Static) [LU 14-2 (1)] Cindi Cavalier was furloughed from her job at Red...

Transcribed Image Text:

Word Problem 14-20 (Static) [LU 14-2 (1)] Cindi Cavalier was furloughed from her job at Red Robin Garden Store for six months at the start of the pandemic. She normally has paid her credit card off each month. Because of being furloughed, however, she has been unable to. Calculate Cindi's average dail balance, finance charge, and new balance. Her finance charge is 17% APR. Note: Do not round intermediate calculations. Round your final answers to the nearest cent. June 1 June 3 June 10 30-day billing cycle Previous balance Charge, Safeway $868 102 Charge, CS Utilities 225 June 15 Credit, Amazon 75 June 20 Charge, Shell 68 June 29 50 Average daily balance Finance charge Payment New balance Word Problem 14-20 (Static) [LU 14-2 (1)] Cindi Cavalier was furloughed from her job at Red Robin Garden Store for six months at the start of the pandemic. She normally has paid her credit card off each month. Because of being furloughed, however, she has been unable to. Calculate Cindi's average dail balance, finance charge, and new balance. Her finance charge is 17% APR. Note: Do not round intermediate calculations. Round your final answers to the nearest cent. June 1 June 3 June 10 30-day billing cycle Previous balance Charge, Safeway $868 102 Charge, CS Utilities 225 June 15 Credit, Amazon 75 June 20 Charge, Shell 68 June 29 50 Average daily balance Finance charge Payment New balance