PLEASE ANSWER QUESTION 4 WITH INFO FROM STATEMENT

PIGGY BANK USA PLATINUM PIGGY CARD STATEMENT CreditCa PAGE 1 of 1 ACCOUNT SUMMARY Account 9999 9999 9999 9999 Number PAYMENT SUMMARY BALANCE SUMMARY Previous Balance Payment/Credits ??? Minimurm Payment ??? $2,250.00 Total Credit Limit $5,000.00Payment Due Date 05/21/08 Purchases/Debits??? Total Credit Limit Available $2,465.80 Current Payment Due??? Finance Charge+??? Statement Date New Balance FLYING PIG REWARDS SUMMARY Previous Pig Points 2,500 Earned Points 300 Total Points 2,800 SAC N SUMMAR Trans Date Transaction Description Reference Number Charges Credits Xx999x0x9 XX999xXXX9 $75.00 25.00 $25.00 $50.00 04/02 04/05 04/10 04111 04/15 04/21 04/22 04/22 Grocery Store Book Store Movie Theater Gas Electricity Payment Concert Tickets Movie Rental XX9992XOXXS XX999XXXX9 XX999X0oXXXX9 XX999OOXXX9 +$50.00 60.00 $15.00 FINANCE CHARGE CALCULATION This is a grace account. Grace period information on back FINANCE CHARGE Days in Cash Advance Annual Fees Balance Transfer $2.430.00 0.00080% 15.990% Selected Answer: APR/365 15.990%/365-0.04381 % Response Feedback: [None Given] Question 4 using the credit card statement from #3, find the average daily balance. The bling period is from March 30 to April 27 Selected Answer: 2491.94 Response Feedback: Try again. Did you find the balance for each day of the billing period, then average those balances