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 | $ | 3,300 | ||||||||
9/19 | Payment | $ | 73 | cr. | ||||||||
9/30 | Charge: Home Depot | 2,150 | ||||||||||
10/3 | Payment | 73 | cr. | |||||||||
10/7 | Cash advance | 83 | ||||||||||
Finance charge is 1.25% on average daily balance.
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