Question: 4. Use Mark Gilley's FlashCard statement. There is an error in his bill. The average daily balance, finance charge, available credit, and new balance amounts

4. Use Mark Gilley's FlashCard statement. There is an error in his bill. The average daily balance, finance charge, available credit, and new balance amounts are not filled in. You will need a blank sheet of paper on which to create the. a. What is Mark's average daily balance? b. What is Mark's finance charge? c. What is Mark's new balance? 700 West Streetd. Mark Gilley Maintown, FL What is ACCOUNT INFORMATION Account Number TRANSACTIONS 31 May 63214987261 Linda's Art Shop 12 Jun 62115497621 Artisign's Inc 18 Jun 73216532116 Payment Thank you 20 Jun73162225142 Sylvart Corp 7-6231-491 Billing Date 26 Jun Payment Due 10 JulMark DEBITS/ CREDITS (-) $251.00 $72.50 -$200.00 $18.50 availa ble credit Minimum /Credits Purchases Charge Chre Balance Payment Previous Payments New Late Finance New SUMMARY Balance $800.00 $200.00 $342.00 $0.00 $25.00 Total Credit Lino Total Available Cred 6.000 iReodi Average Daily Balance # Days in Biling Cycle Monthly Periodic APR Rate 31 18% 1.5%

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