Cody Lind's most recent credit card statement follows. His finance charge is 18% APR. Calculate Cody's average
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Question:
Cody Lind's most recent credit card statement follows. His finance charge is 18% APR. Calculate Cody's average daily balance, finance charge and new balance. (Round your final answers to the nearest cent.)
30-day billing cycle 9/2 Billing date $1,200 previous balance 9/7 Payment $100 cr. 9/13 Charge: Kohl's $350 9/17 Payment $200 cr. 9/28 Charge: WalMart $50
Find: The Average daily balance $ , Finance charge $, and New balance $
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