Calculate the average daily balance and finance charge (Round your answers to the nearest cent ) 30 day billing cycle 9 16 Billing date Previous balance $3,200 9 19 Payment $ 72 cr 9 30 Charge Home Depot 2,100 10 3 Payment 72 cr 10 7 Cash advance 82 Finance charge is 1 5 on average daily balance ...

Day of billing cycle Beginning balance Charges Payment Ending balance 169 320000 320000 17 ...

Calculate the average daily balance and finance charge. (Round your answers to the nearest cent.) 30-day billing

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Calculate the average daily balance and finance charge. (Round your answers to the nearest cent.)

30-day billing cycle
9/16	Billing date	Previous balance			$3,200
9/19	Payment		$	72 cr.
9/30	Charge: Home Depot			2,100
10/3	Payment			72 cr.
10/7	Cash advance			82

Finance charge is 1.5% on average daily balance.

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Financial Algebra advanced algebra with financial applications

ISBN: 978-0538449670

1st edition

Authors: Robert K. Gerver

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Posted Date: Sep 06, 2018 03:12 AM

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Calculate the average daily balance and finance charge. (Round your answers to the nearest cent.) 30-day billing

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Financial Algebra advanced algebra with financial applications

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