Question: Calculate ( A ) the average daily balance and ( B ) the finance charge if finance charge is 2 % on average daily balance.

Calculate (A) the average daily balance and (B) the finance charge if finance charge is 2% on average daily balance.
Note: Round your answers to the nearest cent.
29-Day Billing Cycle
11/20 Previous Balance $ 1,000
11/27 Payment $ 200
11/30 Charge $ 150
12/9 Payment $ 250
12/14 Cash Advance $ 400

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