Question: Calculate ( A ) the average daily balance and ( B ) the finance charge, if finance charge is 1 % on the average daily

Calculate (A) the average daily balance and (B) the finance charge, if finance charge is 1% on the average daily balance.
30 Day Billing Cycle
4/20
Prev Balance
$800
4/27
Payment
$100
4/30
Charge
$300
5/9
Payment
$50
5/12
Cash Adv
$200

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