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Find the average daily balance for the given credit-card account. Assume the billing date is the same day in each month, and use the number

Find the average daily balance for the given credit-card account. Assume the billing date is the same day in each month, and use the number of days in each month. Then find the finance charge if interest is

1.11.1%

per month on the average daily balance. Finally, find the balance at the end of the billing cycle.

Previous balance

$655.39655.39

Jan. 15Jan. 15

Billing Date

Jan. 20Jan. 20

Mail Order

$nbsp 21.91 21.91

Jan. 23Jan. 23

Returns CR

$nbsp 19.45 19.45

Jan. 30Jan. 30

Wine

$nbsp 31.88 31.88

Feb. 5Feb. 5

Payment CR

$122122

Feb 8Feb 8

Returns CR

$71.1571.15

Feb 10Feb 10

Birthday Gift

$125125

Feb 12Feb 12

Cash Advance

$100100

The average daily balance is

$nothing.

(Round to the nearest cent as needed.)

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