Question: Use the average daily balance method to compute the finance charge on the credit card account for the previous month. The starting balance and transactions

Use the average daily balance method to compute the finance charge on the credit card account for the previous month. The starting balance and transactions on the account for the month of April are given to the night. Assume an annual interest rate of 18% Month April (30 days previous month's balance: $390 April 7 Charged $31 for a coat April 9 Made payment of $150 April 11 Charged $122 for DVDs April 24 Charged 549 for groceries The finance charge is su (Round to the nearest cent as needed.) Enter your answer the answer box and then click Check Answer All parts showing

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