Can you answer my question

2.6 Average Daily Balance Average Daily Balance: Mean of balances for a billing Example 1 period Rebecca did not pay last month's credit card bill in full. Below is a list of Rebecca's daily balances for her last billing cycle. Find Rebecca's average daily balance. For seven days she owed $456.11. 1X 4154.(1 = 3192.71 For three days she owed $1,177.60. 3 X For six days she owed $990.08. For nine days she owed $2,115.15. For five days show owed $2,309.13 1. Multiply the balance owed by how many days that amount is owed and add those values together 2. Divide the total by how many days are in the billing period Total Days 43248.05 = $ 1/4141.60 43 / 248.05 7+3+ 6+9 + 5 = 30 days 30 Example 1 (Your turn) Tribecca did not pay last month's credit card bill in full. Below is a list of Tribecca's daily balances for her last billing cycle. Find Rebecca's average daily balance. For eight days she owed $457.12. For five days she owed $1,231.57. For four days she owed $470.12. For seven days she owed $1,715.87. For six days show owed $1,509.69. Example 2 Rebecca, from the previous example, pays a finance charge on her average daily balance of $1,441.60. Her APR is 18%. What is her finance charge for this billing cycle? Hint: Think of the percentage formula -> part = whole . % 14 41 . 60 X . 015 - $21 22 Monthly ABB x Monthly / 18 12 = 1 . 5 Example 2 (Your turn) Tribecca, from the previous example, pays a finance charge on her average daily balance. Her APR is 30%. What her finance charge for this billing cycle? AP Q 1092:15 1 30