Question: Drill Problem 14-7 (Algo) [LU 14-2 (1)] Calculate the average daily balance and finance charge. (Round your answers to the nearest cent $ 1,800 $
Drill Problem 14-7 (Algo) [LU 14-2 (1)] Calculate the average daily balance and finance charge. (Round your answers to the nearest cent $ 1,800 $ 9/16 9/19 9/30 10/3 10/7 30-day billing cycle Billing date Previous balance Payment Charge: Home Depot Payment Cash advance 50 cr. 1,000 50 cr. 60 Finance charge is 1% on average daily balance. Average daily balance Finance charge
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