Please correct any errors and fill in the tables finding the average daily balances, number of days, end of day balance, sum of balances, payments billing periods.

Average Daily Balance = Sum of Daily Balances Number of Days Finance Charge = Periodic Rate X Average Daily Balance Sum of Balances 1. Fill in the table below. Billing Payments Periods 09/01 - 9/10 09/11 $150.00 09/12-9/30 End-of-day- balance $410.20 260.20 260.20 TOTALS Number of Days 10 1 19 30 $4,102.00 260.20 4,362.20 What is the average daily balance without new purchases? 145.40 2. Compute the average daily balance, finance charge, and Date Transaction Amount new balance as of July 1 using the average-daily-balance June 1 Balance $800.00 method where no new purchases are included. The periodic June 11 Payment 200.00 rate is 1.4 percent June 25 Purchase 150.00 Just payments no iew Durchase Billing End-of-day- Number of Payments Sum of Balances Periods balance Days 06/1 300 10 8000 06/1 200.00 06/25 TOTALS 10 800 Finance charge- 11.20