Calculate the average daily balance and finance charge

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Reference no: EM13948608

Calculate the average daily balance and finance charge. (Round your answers to the nearest cent.)

30-day billing cycle

9/16 Billing date Previous balance $ 1,700

9/19 Payment $ 57 cr.

9/30 Charge: Home Depot 1,350

10/3 Payment 57 cr.

10/7 Cash advance 67

Finance charge is 1.25% on average daily balance.

Average daily balance $

Finance charge $

Reference no: EM13948608

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