Find the average daily balance for the following credit-card account. Assume the billing date is the...

 

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Find the average daily balance for the following credit-card account. Assume the billing date is the same day in each month, and use the number of days in each month. Find the finance charge if interest is 1.5% per month on the average daily balance. Find the ending balance (which is the new starting balance) Starting Balance $355.72 March 29 March 31 April 2 April 10 April 12 April 13 April 20 April 21 Average Daily Balance? Finance Charge? Ending Balance Billing Date Returns a toaster oven Buys Cleaning Supplies Gas for car Returns some clothing due to fit Misc Return of purchase Payment Flowers for co-worker $209.53 $28.76 $34.80 $63.54 $11.71 $72.00 $29.72 Find the average daily balance for the following credit-card account. Assume the billing date is the same day in each month, and use the number of days in each month. Find the finance charge if interest is 1.5% per month on the average daily balance. Find the ending balance (which is the new starting balance) Starting Balance $355.72 March 29 March 31 April 2 April 10 April 12 April 13 April 20 April 21 Average Daily Balance? Finance Charge? Ending Balance Billing Date Returns a toaster oven Buys Cleaning Supplies Gas for car Returns some clothing due to fit Misc Return of purchase Payment Flowers for co-worker $209.53 $28.76 $34.80 $63.54 $11.71 $72.00 $29.72

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From Aug 12 to Aug 19555398 days444312 From Aug 20 to Aug 245553976344790... View the full answer