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Calculate the average daily balance and finance charge. (Round your answers to the nearest cent.) 30-day...

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 $ 3,000
9/19 Payment $ 70 cr.
9/30 Charge: Home Depot 2,000
10/3 Payment 70 cr.
10/7 Cash advance 80



Finance charge is 1.25% on average daily balance.

Average daily balance-

Finance charge-

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Calculate the average daily balance and finance charges as follows:

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