An unpaid credit card bill for $872.25 had a due date of February 10. 

Purchases of $185.69 were made on February 15, 

$402.58 on February 16, 

$11.80 on February 18, and 

$63.21 was charged on February 25. 

A payment of $365 was made on March 2. The annual interest on the average daily balance is 18.8%. 

Find the finance charge (in dollars) on the March 10 bill. Assume it is a non-leap year.

Answer rating: 100% (QA)

General Formula No of days from date of transactionEn... View the full answer